China-Portuguese-speaking Countries Fund opens headquarters in Macao

The headquarters of the China-Portuguese-speaking Countries Co-operation and Development Fund has officially been inaugurated in Macao on 1 June 2017. A plaque celebrating the opening of the headquarters was unveiled and the signing of the fund’s protocol took place at the opening of the 8th International Forum on Infrastructure Investment and Construction (IIICF). The US$1-billion fund was created in June 2013 to support development projects and investment in Mainland China and Portuguese-speaking Countries. The fund has so far invested in three projects worth US$35 million in Angola, Brazil and Mozambique. The fund’s temporary headquarters is at the Macao Trade and Investment Promotion Institute’s Macao Business Support Centre. The permanent location will be the Service Platform Complex for Trade Co-operation between China and Portuguese-speaking Countries.