Hengqin New Area

Special zone seeks more Hong Kong investors

Zhuhai's special economic zone, Hengqin, has already attracted 226 billion yuan (HK$286 billion) of investment in its first three years. Photo: Edward Wong

Zhuhai's special economic zone, Hengqin, which has already attracted 226 billion yuan (HK$286 billion) of investment in its first three years, is looking for more Hong Kong investors.

Friday, 14 June, 2013, 3:49am

Guangdong to extend railway to Hengqin

Guangdong is extending inter-city railway construction to Hengqin Island in Zhuhai city by 2016, which is expected to link to Macau in the future.

Trains on the current Guangzhou-Zhuhai railway have been running at about 150km/h since January last year.

26 Jul 2012 - 12:00am

Guangdong free-trade zone plans criticised

The three experimental development zones in Guangdong have agreed to set up joint conferences to solve problems ranging from vicious competition among them to overlapping of industrial strategies, but some analysts are sceptical about the drive.

9 May 2012 - 12:00am

Melco will not use HK listing for Studio City

Macau casino developer Melco Crown Entertainment says it will not need to tap equity markets to fund its planned Studio City casino complex.

1 Dec 2011 - 12:00am

Lai Sun, Shimao earmark 20b yuan for 'culture city'

Lai Sun Group and Shimao Group have earmarked 20 billion yuan (HK$24.2 billion) to build a cultural project and a commercial property on a soon-to-be-ready free-trade island in Zhuhai.

17 Sep 2011 - 12:00am

Tax rates cut to woo talent to island

Companies investing in a newly opened free-trade island in Zhuhai will enjoy a profits tax rate that is 40 per cent lower than elsewhere on the mainland, while Hong and Macau residents working there will be granted salaries tax rebates.

24 Aug 2011 - 12:00am

Free-trade status for delta zone approved

A sleepy island in the Zhuhai special economic zone is poised to become a free-trade zone modelled on Hong Kong after Beijing approved pilot co-operation projects in customs, finance, revenue systems and land management.

5 Aug 2011 - 12:00am

Melco in US$360m deal for Cotai site

Macau casino operator Melco Crown Entertainment has struck a US$360 million deal to acquire majority control of a prime piece of Cotai Strip land, ending a bitter legal battle among the site's previous owners and setting the stage for the next wave of casino resort development in the world's biggest gaming market.

17 Jun 2011 - 12:00am

Hengqin an ideal haven for Woods

The likelihood of a Tiger Woods-designed golf course on Hengqin Island has either dramatically improved or been totally killed by the firestorm surrounding the world's top-ranked golfer.

20 Dec 2009 - 12:00am

Heady plans for pristine island

Officials of the central and Guangdong governments unveiled an ambitious plan yesterday to transform a sleepy island next to Macau into an international tourist destination and hi-tech centre.

30 Oct 2009 - 12:00am

Investors in bankrupt Zhu Kuan at last to see some money after 11 years

After years of bitter wrangling with the Zhuhai government, banks owed HK$8 billion after state investment company Zhu Kuan's spectacular collapse in 1998 are finally about to get some money back.

Most of the lenders have taken massive haircuts, losing 82 per cent of what they were owed.

6 Jul 2009 - 12:00am

Promote delta 'gold coast area', study urges

Report calls for joint effort to woo tourists

The Pearl River Delta's unique coastline could be turned into a 'gold coast area' and lure tourists from around the globe, the first cross-border planning study recommends.

29 Dec 2008 - 12:00am

Macau tightens policy on approvals

Investment plans by Hong Kong property developers may be delayed indefinitely

Multibillion-dollar investment plans by Hong Kong developers in Macau may be delayed indefinitely as the government tightens approval procedures after the arrest of disgraced former minister Ao Man-long.

9 May 2007 - 12:00am

Zhuhai IDD scam busted

Zhuhai and Macau police have smashed an illegal IDD operation that has been operating for three years and had a turnover equivalent to a small telecoms firm.

A Hongkonger and three mainlanders were arrested. At least five other gang members, including Hong Kong residents, are on the run.

29 Apr 2007 - 12:00am

Sold on the future

For about 13 years, the only place to go in Macau for weekend shopping and window browsing was the Yaohan department store. Strategically located by the ferry terminal on the Macau peninsula, it has been a favourite haunt of locals, tourists and, increasingly, cashed-up mainland visitors eager to offload their casino winnings.

5 Feb 2007 - 12:00am