Chinese medical park to begin construction early 2011

Wednesday, December 1, 2010
Issue 1179, Page 4
Word count: 527
Published in: Macau Daily Times

By Poyi (Natalie) Leung

The Macau Government spokesperson Alexis Tam Chon Weng has announced that the construction of the Chinese Medical Technology Industrial Park on Hengqin Island is likely to begin in the first quarter of 2011.

He also stressed yesterday that once the approval from the Central Government is obtained, which he expected will be by March 2011, the Guangdong-Macau Cooperation Framework Agreement can be inked immediately and the construction of the Chinese medical park can then begin.

“Currently the work is already done and we’re just waiting for the Central Government’s approval. We’re confident that it’ll be granted early next year,” the spokesperson assured.

Tam and the former vice minister of the Ministry of Science and Technology of China, Hui Youngzheng, met with reporters at Government Headquarters to announce the updated news regarding the industrial park project.

The park occupies 0.5 square kilometres on the Hengqin New Area, but Tam said the site may have to be expanded in the future.

“In the beginning the 0.5 square kilometre of land will be used as a pilot basis and if the industrial park is a success we will apply to expand the site further,” he explained.

“It is believed that it will take about 10 years until we can have a more complete industrial park,” he added.

Meanwhile, the administrative regulation that allows the Macau Government to set up a joint venture with a public enterprise in Hengqin has already been drafted and is expected to be sent to the Executive Council for deliberation “at the end of the year or early 2011,” Tam announced.

The Guangdong-Macau investment company will be responsible to develop, manage and run the industrial park.

Since the site is on the Chinese soil, Tam said the park will be subject to China’s laws and regulations. Yet Macau has proposed some measures to simplify the management and they are waiting on the Central Government’s reply.

Hui Youngzheng, who is now the president of the Shanghai Innovative Research Centre of Traditional Chinese Medicine, said the world’s awareness in Chinese medicine has enhanced significantly and the situation can no longer be compared with that of a decade ago.

He is optimistic that Chinese medicine will have a “bright future” and a “big potential market” internationally.

He also said the industrial park will be able to facilitate economic diversification in Macau and make the territory develop in a “more balanced manner”.

The expert suggests the Macau Government establish a certification centre of traditional Chinese medicine in Hengqin, which will adopt the standards of the European Union or the US and also hire international experts to take part in quality control, so that products coming from the industrial park could be promoted to Europe, Portuguese-speaking countries, Africa and even Latin America.

Since the industrial park can then become a stepping stone to expand business abroad, Hui said quality Chinese medicine pharmaceutical factories across mainland China are likely to look to invest in Hengqin as well.

The Ministry of Science and Technology has recently approved the establishment of a key state laboratory of traditional Chinese medicine in Macau. A press conference will be held today to announce the details of it.


1 Comment »

  1. construction Said:

    I’m here by accident. I started reading and I must tell you that your blog is great. You are writing so many interesting things. I can’t agree with many of them, but it’s ok. I will probably visit your blog more often. I would like to use your words on my own blog. Is it posiible? – Paula

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