Factory, which will be African republic’s 17th, will be capable of producing 2 million tonnes of cement a year.
Lusofonia
Up to 100 million trees will be planted over 1,850 square kilometres by 2052, offsetting an estimated 200,000 tonnes of CO2 emissions.
Residential scheme is part of a raft of aid projects for the African archipelago, which include donations of vaccine and military equipment.
Agreement follows long months of negotiations and frees up travel in Europe for Portuguese citizens who had been jabbed with Sinopharm.
Company remains the largest shareholder with a stake estimated to be worth 3.5 billion euros at current market prices.
Factory set to be up and running in the second half of next year, with an annual capacity of 100,000 units.
Chief Executive Ho Iat Seng praises Forum as a platform for commercial cooperation, promises strong support from Macao government.
Hi-tech finance company – which has attracted censure in US, UK, Thailand and Japan – hails Portugal as Europe’s tech hub.
Delays blamed on complications caused by pandemic as well as a lapse in international relations.