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Lisbon conference results in a raft of business agreements

Nearly a dozen deals have been signed at a top-level investment and tourism gathering in the Portuguese capital, timed to coincide with the chief executive’s visit.

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Nearly a dozen deals have been signed at a top-level investment and tourism gathering in the Portuguese capital, timed to coincide with the chief executive’s visit.

ARTICLE BY

PUBLISHED

UPDATED: 22 Dec 2023, 12:26 am

A total of 11 cooperation agreements were signed at the Macao-Portugal Investment and Tourism Promotion Conference held last week in Lisbon, the Macao government has announced.

The pacts covered cooperation agreements between the economic and trade departments and chambers of commerce from Portugal and Macao, as well as commercial deals in tourism, conventions and exhibitions, legal and professional services, cross-border e-commerce, and other fields. 

The event was attended by senior members of the Macao government in Lisbon on an official visit, including Chief Executive Ho Iat Seng and the finance and transport secretaries, Lei Wai Nong and Raimundo do Rosário. Tourism chief Maria Helena de Senna Fernandes was also present.

[See more: Chief Executive Ho Iat Seng meets with Portugal’s top leaders]

Portugal’s foreign affairs secretary Francisco André told the gathering that he expected to deepen cooperation with Macao and called for greater investment in Portugal from Macao entrepreneurs.

At a separate meeting, Macao’s chief executive told business figures from Macao accompanying the official delegation to use the visit to seek fresh business opportunities and to promote Macao and Hengqin as attractive locations for investment from Portugal.

This, he said, would boost ​​Macao-Portugal cooperation in trade and tourism, and generate new impetus for the SAR’s economic diversification.

 

UPDATED: 22 Dec 2023, 12:26 am

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