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Belt and Road | Greater Bay Area

China builds electricity grid for Luanda and Bengo in Angola

17 June 2019
| Angola
Leaders of Chinese company Power Construction Corporation of China (PowerChina) announced that by the end of August they will complete the last connections that will allow the electrification of more than 300,000 houses in Luanda, benefiting more than 2.5 million people .

Bringbuys Web Technology plans to install technology hub in Cabo Verde at the beginning of July

14 June 2019
| Cabo Verde | Macau
The conditions for the installation of a technological hub in Cabo Verde to provide services to West Africa "are all in place," and the project is due to move ahead in early July, the chair of Cabo Verde Tradeinvest said on Thursday in Praia.

Chinese investors spend US$700 million on building a cement factory in Mozambique

13 June 2019
| China | Mozambique
Chinese investors will spend US$700 million to build a cement plant with a nominal capacity of 500,000 tonnes in Mozambique, with work expected to start in 2021, daily newspaper Correio da Manhã reported.

Macau company negotiates installation of technology hub in Cabo Verde

12 June 2019
| Cabo Verde | Macau
A delegation from Bringbuys Web Technology of Macau will travel to Praia from 13 to 15 June to continue negotiations for the installation of a technology hub in Cabo Verde, Cabo Verde TradeInvest said in a statement.

Environmental impact of an underwater tunnel between Macau and Taipa in public consultation

11 June 2019
| China | Macau
The environmental impact assessment of the construction of an underwater tunnel between the Macau peninsula and the island of Taipa is under public consultation until 21 June, according to the Land, Public Works and Transport Bureau.

Macau’s participation in the Guangdong-Hong Kong-Macau Greater Bay available in an electronic document

10 June 2019
| China | Macau
Macau's participation in the construction of the Guangdong-Hong Kong-Macau Greater Bay Area is included in an attachment that has been added to the first Five-Year Development Plan of the Macau Special Administrative Region (2016-2020), the government said.

China’s ambassador pledges to continue cooperation with Angola

6 June 2019
| Angola | China
The Chinese ambassador to Angola, Gong Tao, on Wednesday expressed his country's willingness to continue to cooperate with Angola in the economic area, according to local press reports.

Angola launches public tenders for oil exploration in the Benguela and Namibe basins

5 June 2019
| Angola
Public tenders for the award of 10 oil concessions in the Benguela and Namibe basins will be launched on 2 October, the president of Angola's National Oil, Gas and Biofuel Agency (ANPG) said on Tuesday in Luanda.

China and São Tomé and Príncipe discuss airport and port

4 June 2019
| China | São Tomé and Príncipe
The project to modernise and expand São Tomé international airport is moving ahead and the feasibility of building a port is being analysed, the Chinese ambassador to São Tome and Príncipe Weng Wei said on Friday.

Macau can support the financial sector of Portuguese-speaking countries in the Greater Bay

3 June 2019
| Angola | Brazil | Cabo Verde | China | Guinea-Bissau | Macau | Mozambique | Portugal | São Tomé and Príncipe | Timor-Leste
Macau can use its language, culture and network to support Portuguese-speaking countries to take advantage of the development opportunities of the Greater Bay and the Chinese market, particularly in terms of providing financial services, said the Secretary for Economy and Finance of Macau.

Loans from China to Portuguese-speaking countries processed in Macau

31 May 2019
| Angola | Brazil | Cabo Verde | China | Guinea-Bissau | Macau | Mozambique | Portugal | São Tomé and Príncipe | Timor-Leste
A loan worth more than 10 billion yuan (US$1.45 billion) granted by China to a Portuguese-speaking country was processed in Macau in 2018, the Secretary for Economy and Finance said on Thursday.

Portuguese bank CGD finances work in Angola

30 May 2019
| Angola | Portugal
Caixa Geral de Depósitos (CGD) will finance 85% of the €270 million contract awarded to construction company Mota-Engil for the modernisation of Soyo's naval facilities in northern Angola, according to a dispatch signed by the Angolan President.

Technical mission from China scheduled to visit Portugal in August

29 May 2019
| China | Portugal
A technical mission from China will visit Portugal next August to continue with negotiations related to Portugal's intention to open the Chinese market to pear, grape and citrus fruit production, the Portuguese government said in a statement.

Macau and Guangdong strengthen cooperation in Greater Bay

28 May 2019
| China | Macau
Nine cooperation agreements aimed at strengthening and accelerating China's central government plan for the Guangdong-Hong Kong-Macau Greater Bay (GBA) were signed during the Guangdong-Macau Joint Cooperation Meeting held on Monday in Macau.

10th International Infrastructure Investment and Construction Forum takes place in Macau on 30 and 31 May

27 May 2019
| Macau
The 10th International Investment and Infrastructure Construction Forum (IIICF) will take place in Macau from 30 to 31 May, the Macau Trade and Investment Promotion Institute (IPIM) reported.

Macau receives 13.79 million visitors from January to April

24 May 2019
| China | Macau
Macau received 13.79 million visitors in the period from January to April, an increase of 19.9% over the same period of 2018, according to the Statistics and Census Bureau.

Moody’s keeps Macau’s credit risk rating at “Aa3”

23 May 2019
| Macau
Moody's has kept its credit rating of "Aa3" on the Macau economy unchanged, due to the territory's solid fiscal position and the external positioning of its government, the agency said in a statement released on Wednesday.

Companies from China invest over 8 billion euros in Portugal in 2018

22 May 2019
| China | Portugal
Companies from China invested more than 8 billion euros in Portugal in 2018, the deputy director general of the Institute of European Studies of the Chinese Academy of Social Sciences said on Tuesday in Lisbon.

Good investment opportunities in Portugal are few, says Bank of China official

21 May 2019
| China | Macau | Portugal
Chinese companies have the liquidity and willingness to invest but it is difficult to find good investment projects and opportunities in Portugal, said the director-general of the Financial Institutions Department of the Bank of China

Macau and city of Porto sign document to deepen cooperation

20 May 2019
| China | Macau | Portugal
A memorandum of understanding of cooperation and friendship was signed on Friday between Macau and the northern Portuguese city of Porto, whose Mayor, Rui Moreira, gave the Keys to the City to the Chief Executive of Macau, Chui Sai On.

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