China-Portuguese-speaking Countries Fund opens headquarters in Macao

The headquarters of the China-Portuguese-speaking Countries Cooperation and Development Fund was officially opened in Macao yesterday.

A plaque celebrating the opening of the headquarters was unveiled and the signing of the fund’s protocol took place at the opening of the 8th International Forum on Infrastructure Investment and Construction.

The US$1-billion fund is analysing 20 projects involving investments worth US$800 million.

Created in June 2013, the fund has invested in three projects worth US$35 million in Mozambique, Angola and Brazil.

The fund’s temporary headquarters is at the Macao Trade and Investment Promotion Institute’s Macao Business Support Centre. The permanent location will be the Service Platform Complex for Trade Cooperation between China and Portuguese-speaking Countries.