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Mozambique signs public housing deal at Macau conference

At the 11th International Infrastructure Investment and Construction Forum (IIICF), a two-day event held in Macau last week, 12 business agreements were signed and Mozambique penned a contract for the construction of public housing in the country.

The event was co-organised by the China International Contrac­tors Association and The Macau Trade and Investment Promotion Institute(IPIM). In total, the deals signed at the event amount to US$4.7B. More than 1,000 people from 42 different parts of the world attended, including 14 diplomats representing Portuguese-speaking countries.

Also read: Mozambique: Pemba launches housing project to benefit youth

Ho Iat-­seng, chief executive of the Macao Special Administrative Region said that “Macao will be connecting the domestic market to the internation­al one, enjoying two sorts of resour­ces, and having rules that comply with the standards of international markets”.

The Macau Trade and Investment Promotion Institute issued a written statement quoting IPIM President Lau Wai Meng as saying opportunities for China and lusophone countries to cooperate in the infrastructure business were discussed at three subsidiary events: the 6th China-Latin American Countries Infrastructure Forum; a gathering entitled Developing Sustainable Infrastructure in Africa Together – Perspectives from Africa, China and Europe; and the Portuguese-speaking Countries Investment Promotion Seminar.

 

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