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Home >> Business
UPDATED: 21:14, June 15, 2004
Sichuan to launch investment fair in Macao
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Southwest China's Sichuan Province will follow the suit of Guangxi Zhuang Autonomous Region to become the second member in the Pan-Pearl River Delta (PPRD) cooperation zone to hold an investment fair in Macao within this month.

"The Sichuan-Macao Cooperation Week set for Wednesday will kick off an all-round cooperation between Sichuan and Macao under the PPRD cooperation framework signed earlier this month in Guangzhou," said Jiang Jufeng, vice-governor of Sichuan province at a press conference in Macao Tuesday.

The landlocked southwestern province is the largest either in population or in land coverage among the 9+2 PPRD members, which comprise provinces of Guangdong, Hainan, Guizhou, Jiangxi, Yunnan,Sichuan Hunan, Fujian and Guangxi Zhuang Autonomous Region, as well as Hong Kong and Macao special administrative regions.

Jiang said that the provincial government has selected 390 projects to present at the fair looking for a total investment of 5.8 billion US dollars.

Sichuan entrepreneurs can expect to clinch some 100 projects during the fair with the total contractual investment estimated at 1 billion US dollars, according to Jiang.

Besides investment projects, there will be a ceremony for the naming of adopted giant panda, a Sichuan-style temple fair and photo shows during the week-long activity to give Macao residents a full picture of Sichuan.

Source: Xinhua

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