New agreement to invest in Guangdong signed

Chief Executive Chui Sai On revealed yesterday that the MSAR and Guangdong province have fulfilled the expectations for their recent cooperative efforts, as eight agreements and letters of intent were signed at yesterday’s Guangdong-Macau Cooperation Joint Conference. Chui noted that a joint intent was approved for Macau to invest part of its financial reserves in the major infrastructure constructions of Guangdong province. He stressed that the MSAR government is fully confident in the safety and profit return of these reserves, as the province is the country’s biggest economic hub with both financial prowess and rich experience. Chui hopes that Macau’s investments will be into projects that start in a timely manner, with these inputs gradually being increased.