Asia > Eastern Asia > China > Macau businessman wants to take companies from China to Cabo Verde

China: Macau businessman wants to take companies from China to Cabo Verde

2016/06/04

Macau businessman David Chow, who is involved in a tourism project in Cabo Verde (Cape Verde), has promised to take to Cabo Verde additional entrepreneurs and companies from China in different areas of economic activity, according to statements made in Praia.

Chow was speaking at the end of a conference between the Prime Minister, Ulisses Correia e Silva and a mission from the China/Africa Development Fund, weekly newspaper A Semana reported.

“The prime minister asked me to bring additional businesspeople to Cabo Verde and I promised I would try to bring other entrepreneurs and Chinese companies from various areas, agriculture, finance and others,” said the businessman.

Chow said the goal is to get additional nations to pay attention to Cabo Verde, so that the islands can be prepared for the challenges of globalisation.

“Even with the presence of China/Africa Development Fund, of investment in the tourism sector, I’m trying, together with the Prime Minister, to speed things up and make some facilities for the promotion of the tourism sector,” stressed the Macau businessman.

Chow is involved in building a hotel complex with a casino on the islet of Santa Maria, a small rocky island off the coast of Praia, Cabo Verde’s capital city, where he will invest about US$250 million.

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