Borrowing for FTZ projects to seem more familiar

2015/8/10

From：Macau Business

Macau enterprises wishing to borrow money for investment over the border on Hengqin Island and in Nansha will from now on find it more similar to borrowing money for investment in Macau, Business Daily reports.

The newspaper quotes Bank of China’s Macau branch as saying in a written reply its reporter’s questions that this is because of new rules for outsiders borrowing renminbi for investment in these two parts of the Guangdong Free Trade Zone are being tried out.

Bank of China Macau said the borrowers would have to be intending to invest in important projects in Nansha or on Hengqin, but omitted to say what sorts of investment count as important.

Copyright@Macau Business