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.
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”.
[#Economy] #Macao will tap its potential in promoting “dual circulation” and bridging the Chinese and international markets, said Ho Iat-seng, chief executive of the Macao SAR, at an event on #infrastructure on Wednesday. https://t.co/Y6ZTQcSOc0
— China Daily Events (@cdroundtable) December 7, 2020
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.