MSAR can help Guinea-Bissau to attract investment

Bissau, the capital city of Guinea-Bissau

Agriculture, fishing, tourism and mining are priority areas where Chinese companies can invest in Guinea-Bissau, according to the African country’s delegate in the Forum for Economic and Trade Co-operation between China and Portuguese-speaking Countries (Forum Macau).
Malam Becker Camara was speaking last week during a seminar on Guinea-Bissau, jointly organized by the Macau Trade and Investment Promotion Institute (IPIM) and Forum Macau. He said that the Macau platform can help with the internationalization of products from Guinea-Bissau.
The director of IPIM, Gloria Ung, said that in Guinea-Bissau there is “a vast area for cooperation with companies from China and Macau.”
“Chinese companies can use Guinea-Bissau as a platform and base for developing cooperation and for development with other countries in West Africa in order to access the markets of the Economic Community of West African States,” said Ung.
In her speech Ung recalled that along its coast Guinea-Bissau has large untapped oil and gas reserves.
In April 2014, the “Meeting of Businesspeople for Economic and Trade Cooperation between China and Portuguese Speaking Countries” was held in Guinea-Bissau for the first time.  MDT/Macauhub

New coach park to be built at the Border Gate plaza

The construction of a new coach park at the Border Gate will be completed before August, the Transport Bureau (DSAT) announced last week.
The new pick-up and drop-off area will be located on the east side of the Border Gate plaza, with 60 parking slots for tourist buses.
This new development is expected to replace the bus terminal’s former coach parking spots at the basement of the Border Gate plaza.
A gate will be placed at the entrance of the parking lot, and time restrictions will be applied. According to DSAT, the regulations are being implemented as the new facilities are not yet able to meet the high demand for tourist bus slots.
All coaches that need to park must first register with the relevant departments.
DSAT is currently in negotiations with associated industries to establish a set of additional penalties for rule breakers. The bureau said this will prevent vehicles from overstaying in designated parking spots, but added that the facilities’ operating hours have yet to be decided.