Subsidies for R&D, rent, furnishing and more are available to companies setting up in Hengqin, authorities say.
Hengqin
General market recovery expected this year, however real estate executive warns ‘situation will not improve overnight’.
Fitting-out work is now underway at the 4,000 apartments being built in Hengqin, with completion expected before the end of the year.
For now, the sprawling residential development in Hengqin lacks the facilities to attract much interest, analysts say.
Ho Iat Seng is set to make his first European trip since taking office, with the first stop being Lisbon.
Covid-19 forces First China High-quality Consumption Exhibition and Hengqin Global Bay Areas Forum to reschedule.
Prefabricated components, such as walls and floors, are currently being installed, with 27 residential towers and school buildings expected to reach topping-out in December, while entire project scheduled to finish in second half of 2023.
Ho Iat Seng says two tax incentives policies put in place in this year’s first half have been effective in attracting talented human resources to the zone.
Accident took place in Xiangshun Road near Macao New Neighbourhood project; authorities in Hengqin investigating.