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One of the most significant events to impact the Guangdong-Hong Kong-Macao Greater Bay Area took place in October 2018 with the opening of the 55-kilometre Hong Kong-Zhuhai-Macao Bridge (HZMB), the longest sea-crossing bridge in the world. The new bridge is an important step toward the transformation of the Greater Bay Area into a major economic hub.
In line with the construction of the Greater Bay Area and to boost the connectivity of the area, the Guangzhou Representative Office of the Macao Trade and Investment Promotion Institute (IPIM) has expanded the reach of the “One-stop Service” and the “Service on the Doorstep” to the nine municipalities of the Greater Bay Area. The aim is to publicise Macao’s investment environment and show the Macao enterprises a clear picture of the Greater Bay Area. This issue of Macao Image takes a closer look at how IPIM is working to partner with municipalities in the Greater Bay Area.
One of the key economic boosters for the Greater Bay Area that nurtures the co-operation further between China and Portuguese-speaking Countries is Traditional Chinese Medicine (TCM). In an interview with Guangdong-Macao Traditional Chinese Medicine Technology Industrial Park Development Co Ltd., Macao Image learned that there are 99 companies registered in the Industrial Park in the areas of Traditional Chinese Medicine, healthcare products, medical equipment and medical services. The goal of the industrial park is to help Macao TCM companies develop new products, improve their skills and practices, enhance their quality standards and expand their markets through the park’s research and development platform.
Macao Image also spoke to Hovione PharmaScience Ltd. (Hovione Macau) – a pioneer in the pharmaceutical industry that set up its first factory in Macao in the 1980s and remains as the only factory to have passed U.S. FDA approvals to this day. General Manager Eddy Leong, who has been with the company for more than 20 years, shares his insights into the company’s culture and future growth plans for Macao.
The 23rd Macao International Trade and Investment Fair (MIF) and the 2018 Portuguese-speaking Countries Products and Services Exhibition (Macao) (2018 PLPEX) took place from 18 to 20 October 2018. The events drew delegates from around the world seeking business partnerships in Macao. In a nod to Macao’s importance as a market for the exchange of diamonds and gems, one of the key ceremonies to take place at MIF this year was the inauguration of the Macau•China Diamond and Gem Exchange (MDGE).
The ability to converse fluently in Portuguese has once again become an important asset for educators, translators and interpreters as Macao increasingly serves as an important platform between China and Portuguese-speaking Countries. According to education experts, the teaching of Portuguese in Macao continues to grow, boosted by the increasing value of closer economic and commercial co-operation between China and the Lusophone world. Macao, they say, is an excellent location for training young bilingual professionals.
In this issue, Macao Image also shares valuable experiences and perceptive insights from entrepreneurs spanning a wide spectrum of fields from aerospace to jewellery in Macao and Zhuhai.
