Macau Yearbook 2013 - Macao Yearbook

Economy• To help enterprises profit from opportunities in Europe;• To provide enterprises with information on the EU;• To provide advice and guidelines on connections between enterprises and the EU;• To assist enterprises by allowing them to benefit from EIC-Macau’s close contacts withother Euro-Info Centres and links with the European Commission; and• To promote information exchange, business, trade and cooperation among enterprises inthe EU, Macao, the mainland, and other Asian countries and regions.Macao Industrial Parks Development CompanyTo attract investment, the Government made the decision in 1993 to set up an industrial park inthe Concordia Reclaimed Zone in Coloane to foster industrial diversification. A total of 337,000square metres of land was reclaimed, of which 160,000 square metres is occupied by the ConcordiaIndustrial Park. In October 1993, Concordia Industrial Park Company (SPIC) was officially set upto take over the management of the industrial park.Following the Handover, the Government proposed the establishment of Macao-Zhuhai CrossborderIndustrial Zone for the benefit of all parties, adequate industrial diversification, and thecreation of employment opportunities. On 5 December 2003, the Central People’s Governmentapproved the establishment of Zhuhai-Macao Cross-border Industrial Zone, in which Zhuhai willtake up 290,000 square metres of land, and Macao will take up 110,000 square metres of land fromreclamation in Ilha Verde.To better utilise existing resources, in June 2004 the Government restructured ConcordiaIndustrial Park Company (SPIC) to form Macao Industrial Parks Development Company. Theexpanded functions of the new company are: to develop and manage the land in the MSAR zonedfor industrial development and for the relevant auxiliary industry development, including theConcordia Industrial Park, Zhuhai-Macao Cross-border Industrial Zone and other industrial parks.The MSAR and the Trade and Investment Promotion Institute own 60 percent and 40 percent sharesof the company respectively.All the enterprises in Concordia Industrial Park and the Macao park of the Zhuhai-Macao CrossborderIndustrial Zone have been granted multiple investment incentives.Labour Affairs BureauThe Labour Affairs Bureau is responsible for implementing policies concerning labour, employment,occupational safety and health, and vocational training.Employment ServicesThe Employment Department of the Labour Affairs Bureau assists job seekers looking for workin the private sector, as well as employers who are hiring workers. It also handles applications for183