As an integrated cultural tourism conglomerate based in the Guangdong-Hong Kong-Macao Greater Bay Area (“GBA”), Shun Tak Group always develop diversified businesses followed by national development policies and integrate into the overall development of the country. Recently, Ms. Pansy Ho, Shun Tak Group Executive Chairman and Managing Director, delivered a keynote speech under the theme of “25th Anniversary of Macao’s Return: New Development Dynamic of GBA” at “Phoenix Financial Forum for the Greater Bay Area 2024”, which was held in Guangdong-Macao In-depth Cooperation Zone in Hengqin (“the Cooperation Zone”). She shared the Group’s experience of actively investing and participating in the construction of GBA. The collaboration between Macao and Hengqin has capitalized on comparative advantages and transformed institutional differences into benefits. Having been guided and supported by the national policies, Ms. Ho is optimistic about the growth of the Cooperation Zone and GBA.
Hengqin, connected with Macao by a bridge, was developed after the implementation of the “Overall Plan for Hengqin Island Development” in 2009. Shun Tak Group has become one of the earliest Hong Kong and Macao enterprises to settle in Hengqin‌‌. Over the years, the Group has brought our experience in Macao development to Hengqin, helping the Cooperation Zone become the new platform of supporting the appropriate diversified development of Macao’s economy, the new space of facilitating Macanese’s lives and works, the new model of “one country, two systems”, and the new height of building GBA.
Ms. Pansy Ho said that after the start of closed-loop operation in the Cooperation Zone, the new industrial model has been preliminarily established, which integrates Macao’s platform, international resources, Hengqin’s land and achievements shared together. Adding to the implementation of “1+4” appropriate diversification development strategy in Macao, it brings unprecedented opportunities to enterpises in the Cooperation Zone and also accelerate the coordinated development of various industries in Macao and Hengqin. Ms. Pansy Ho believes that the coordination between Macao and Hengqin will help Hong Kong and Macao better integrate into our country’s overall development.
Looking forward, leveraging our deep roots in Hong Kong and Macao, the Group will continue to utilize the immense development opportunities in the GBA, by contributing to the national development and facilitating the country’s connection to the world.