The Investment Committee, which is composed of a number of government departments and an organisation and set up under the structure of the Macao Trade and Investment Promotion Institute (IPIM), previously held its plenary work meeting of 2019. The meeting covered the discussion and follow-up on investment projects in diverse areas including hotel, manufacturing industry, dining industry and medical sector. The summation of the Committee’s work in 2018 was also made at the meeting.
On that day, the attending committees also visited a food processing factory which was a project followed up by the Investment Committee. This factory mainly provides meat and processed food, including different kinds of Chinese dim sum and dumplings. According to the person in-charge of the factory, thanks to the support of IPIM’s Investors’ One-stop Service and the coordination of the Investment Committee, the company successfully acquired the industrial licence issued by the Economic Bureau and completed all required administrative procedures for the business establishment. The factory is currently in smooth operation and the investor is planning to get this company listed on Hong Kong Stock Exchange.
The Investment Committee strives to coordinate with different government departments to jointly follow up on investment projects. Targeting at major projects that involve complicated administrative procedures, the Committee assists investors in solving project implementation problems and provides support and guidance via monthly meetings, coordination and communication with different government departments.
The Investment Committee comprises 11 government departments and an organisation, namely the Macao Trade and Investment Promotion Institute, the Municipal Affairs Bureau, the Economic Bureau, the Financial Services Bureau, the Labour Affairs Bureau, the Macao Government Tourism Office, the Land, Public Works and Transport Bureau, the Monetary Authority of Macao, the Health Bureau, the Fire Service Bureau, the Environmental Protection Bureau and the Macau Productivity and Technology Transfer Centre.
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