A joint delegation from Macao and Hengqin, an area adjacent to Macao
in mainland China, held a series of seminars in Singapore in mid-March,
aimed at identifying MICE opportunities and promoting key industries
between the destinations.
The Macao Trade and Investment Promotion Institute (IPIM) and the
Economic Development Bureau of Guangdong-Macao In-Depth Co-operation
Zone in Hengqin jointly organised the Macao-Hengqin MICE Promotion
Seminar (Singapore), highlighting the advantages of Macao-Hengqin MICE
hardware and software facilities to around 40 MICE industry players and
event organisers in Singapore. Business matching sessions between
Macao-Hengqin MICE enterprises and their counterparts in Singapore were
Alongside this seminar, four others were held related to investment,
high-tech industries, health and key enterprises. According to IPIM,
Singapore has been earmarked as one of China’s top investment
destinations and has been China’s largest foreign investor since 2013.
Singapore’s manufacturing sector contributes more than 20% of the
country’s GDP, particularly in the fields of electronics, machinery
manufacturing, petrochemicals and biomedicine.
At the investment promotion seminar, Meng Fanqiu, council member of
the Singapore Chinese Chamber of Commerce & Industry, council member
of Singapore-China Business Association, and honorary president of
China Enterprises Association (Singapore), expressed the hope that the
conference would facilitate exchanges and interactions and highlight
opportunities arising from Macao-Hengqin investment.
Su Kun, deputy director of the executive committee of the
Co-operation Zone said that the government had launched a variety of
supporting policies and incentives for Hengqin to boost industrial
development and market access, aiming to create a business environment
similar to that of Macao and to promote international business matching.
IPIM president Vincent U demonstrated Macao’s investment environment
and the Macao-Hengqin development opportunities to the participating
Singapore enterprises and guests and António Lei, director of the
Economic Development Bureau of the Co-operation Zone, introduced the
preferential policies and business environment of Hengqin.
delegation visited several businesses in Singapore, including
Enterprise Singapore, Singapore Raffles Medical Group and Goray Group.
The seminars took place between the 14-17 March.