Macau investment in Hengqin to take step forward

2014-2-21

From：Macau Business

The government will give the Hengqin Island authorities next month its recommended list of proposals by Macau enterprises for investment on the island, our sister publication Business Daily reports.

The newspaper quotes Secretary for Economy and Finance Francis Tam Pak Yuen (pictured) as saying each proposal has a one-in-three chance of being given further consideration.

Macau enterprises have sent 80 investment proposals to the Macau Trade and Investment Promotion Institute.

Mr Tam said 4.5 square kilometres of the island had been reserved for 30 investment projects by Macau enterprises.

The investments must be in the tourism, information technology, education or cultural and creative industries.

Copyright@Macau Business