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Hengqin finishes first industrial land sale for Macau health development

Hengqin completed its first industrial land bidding on Monday, with plans to transform the land plot into a biopharmaceutical industrial park, providing support to Macau brands’ industrialisation

According to Hengqin’s Economic Development Bureau, the Hengqin-Macau Innovation Industrial Park Development and Construction Co., Ltd. won the land use rights for the 116,000-square-meter land parcel.

The government land will be developed into an industrial park with a floor area of 400,000 square meters, producing health products, food, biopharmaceuticals, and medical devices.

As outlined in the project plan, the primary objective of the industrial park is to attract large-scale investment projects and foster the growth and industrialization of Macau brands.

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