IPIM facilitates MOP3b worth of Macau-China investments

The Macau Trade and Investment Promotion Institute (IPIM), together with its five liaison offices in the mainland, have reportedly attracted nearly three billion patacas’ worth of bilateral investments between Macau and China.
According to an IPIM statement yesterday, the investments are in fields such as high-technology, tourism, real estate, biomedicine, energy, logistics and warehousing, as well as the environment.
IPIM says that it helped Macau enterprises establish mainland businesses worth almost MOP2.3 billion in 2015.
IPIM’s mainland liaison offices – located in Hangzhou, Jieyang, Chengdu, Shenyang and Fuzhou – assisted in the trade of goods and services with contracts amounting to MOP17 million and MOP8 million, respectively.
Last year, the liaison offices gathered approximately 900 visitors for exhibitions in Macau, with an additional 100 business visits involving around 500 people. The offices also facilitated the signing of 17 agreements between government agencies, chambers of commerce and business associations.
In January, IPIM’s Fuzhou office set up an exhibition of food from Portuguese-speaking countries for the first time in mainland China, leading to various commercial negotiations between distributors and Macau-based enterprises.
IPIM said it would continue to promote trade and investment between Macau, mainland China and Portuguese- speaking countries.