Companies Successfully Established in Macao
Companies Successfully Established in Macao
World’s Top 500 enterprise, well-known pharmaceutical group in mainland China
The investor highlighted Macao’s solid scientific research foundation in traditional Chinese medicine, exemplified by institutions like the state key laboratory of research in Chinese medicine, and the supportive local registration regulations for proprietary traditional Chinese medicines. Other factors motivating them to extend businesses in Macao include its strategic geographical location, its platform role between China and PSCs, and the positive reception of their products by Southeast Asian countries. They express optimism about the market prospect. Believing that Macao will facilitate their products’ international expansion, the group is confident in Macao’s potential. Moreover, the comparatively lower costs of launching traditional Chinese medicines in Macao allow for a certain degree of innovation which is distinct from the environment under Mainland China’s regulations.
The group established an international headquarters in Macao and inaugurated a pharmaceutical factory, the first one in Macao certified with the “Good Medicine Manufacturing Practices” (GMP) standards. Throughout the certification process, it received substantial support from the Macao SAR government. Firmly believing in the bright prospects of the traditional Chinese medicine in Macao, the Group plans to bolster its promotion and business outreach to showcase the advancement of traditional Chinese medicine in Macao to the global market. In addition, the group hopes to increase the production of proprietary traditional Chinese medicines in Macao and cultivate talent in the realm of traditional Chinese medicine to draw pharmaceutical investors to the city.
Large e-commerce logistics group
Investors indicated that they recognized the potential in the Hong Kong-Zhuhai-Macau logistics market and decided to establish operations in Macao. Investor’s “One-stop” Service and the enhanced cross-departmental communication facilitated by the “Investment Committee” have significantly accelerated and streamlined the investment implementation process. Moreover, the improved business consultation services and the more efficient license acquisition procedures have enabled companies to reduce communication costs and time, thereby significantly boosting investors’ confidence in their future investments.
A Hotel with nearly a Century of History
A Macao hotel with a history of nearly a hundred years, was put into operation in 2024 after several years of renovation. According to the investors, in order to maintain the original features of the hotel, they countless meetings with the design team. Ultimately, they adhered to the principle of “restoring instead of replacing”, and the original exterior walls of the hotel were preserved and repaired with delicate touches. This decision enables guests to immerse themselves in the cultural legacy of nearly a century of history.
The investors conveyed their gratitude to the IPIM team for their prompt responses and well-co-ordinated cross-departmental communications during the entire project implementation. At the project’s initial phases, cross-department prior technical meetings were organised, expediting the hotel’s innovation process. Simultaneously, efforts were made to revitalise the adjacent properties, contributing to the appropriate diversification of Macao’s economy.
Large Integrated Retail Enterprise
The investor considers Macao a very important market, as Macao is a core city of the Guangdong-Hong Kong-Macao Greater Bay Area, which will be an important platform for the group to expand its overseas businesses. In respect of handling administrative procedures like licence application and recruitment, the Investor’s “One-stop Service” provided by Commerce and Investment Promotion Institute allows foreign companies which set foot in Macao for the first time to have tailor-made assistance. Meanwhile, renowned retail brands joining the city do not only become new economic boosters, but also create more jobs and development possibilities for Macao citizens.
Source: Macao Daily and Radio Macao