Business with French taste

The France Macau Chamber of Commerce (FMCC) was launched last Friday, enhancing the Macau SAR’s business framework with one of its main commercial partners

After an application process lasting nearly two years, the France Macau Business Association (FMBA) has successfully become the France Macau Chamber of Commerce (FMCC). In an event held last Friday, the group launched in 2008 commemorated the change, with the FMCC chairman Rutger Verschuren describing it as a “new milestone” in the history of commercial relations between the MSAR and France.
Also present at the event were the France Consul General to Hong Kong and Macau, Eric Bertie, and MGM China major stockholder and FMCC Chairlady Pansy Ho Chiu-King.
“France is the third largest partner of the Macau SAR, only after [mainland] China and Hong Kong,” stated the Chairlady, also a founding member of the former iteration of the group. Within the One Belt, One Road initiative, “we are appointed to become more strategically relevant,” stated Ms. Ho.
In his speech, the Consul General of France in Hong Kong and Macau, Eric Bertie, claimed that the change “is also a testimony of how the association rapidly grew into a major institution.”
Speaking to Business Daily on the sidelines of the event, the Consul General said that a “full-fledged” chamber of commerce will enable members to increase the exchange of information, benefit from more opportunities to organize events, and extend activities in the various countries which already have a chamber of commerce.
“With the network of other chambers of commerce around the world in 90 countries, it creates many connections between chambers and much more visibility,” stated the Consul General.
Consul General Bertie added that interest from “businesspeople that want to settle in Macau” stretches back years.
“People want to know more about the [business] environment here, the procedures to set up business, what are the best sectors to invest in,” outlined the Consul General.
By sector of activity, the Consul General claimed that one of their focuses is “on the priorities of the government,” adding that French businesses are already “much present” in the environment sector, which he claimed they will “continue to develop.” The continued tagline of the government for Macau is a ‘world centre of tourism and leisure’.
Mr. Bertie pointed out there is also a mandate to “push the finance” sector and continued support for the retail sector, highlighting French businesses’ “dynamic” presence in agro-food services.
Overall, he argued, “all these sectors will benefit from this new status of chamber of commerce.”

FMCC SPAN
Currently with 117 members, the number of affiliates formerly of the FMBA and now the FMCC – is “growing,” the Executive Director of the French Chamber of Commerce and Industry in Hong Kong (FCCIHK), Delphine Colson, told Business Daily, while there will be “no competition, but complementarity” between the two chambers.
FCCIHK is the fifth biggest French Chamber of Commerce in the world and currently has about a thousand members.
With headquarters in Paris, CCI France International is the largest French network of companies, with more than 45,000 members worldwide and chambers of commerce and industries in 90 countries, according to information provided by the chamber.