Smaller enterprises are nimble but often lack adequate expertise and experience when it comes to venturing abroad or expanding at home. But entrepreneurs and other investors in Macao can count on the comprehensive assistance from the Macao Trade and Investment Promotion Institute (IPIM) “One-stop Service” for investors.
Macao Image spoke to the executive of the Macao company in the food business. One exports the food it makes in Macao.
Ready for export
Fabrica de Produtos Alimentares Hong Kin is another food business in Macao. The company opened its factory in 2017, and its products are proudly made in Macao but principally for export. Mr Chen Hua Rui, General Manager of Fabrica de Produtos Alimentares Hong Kin, said: “We mainly produce concentrated drinks and syrups, then export to Hong Kong and Mainland China.”
Mr Chen once worked for a Hong Kong company that did business in Mainland China, so he understood what logistical and customs advantages a food factory in Macao would have in exporting to Hong Kong and Mainland China.
“One more advantage of setting up the factory in Macao that we took into consideration,” Mr Chen said. “From Macao, it is relatively convenient to export to Hong Kong, meaning we do not need a huge amount of storage space. All we need is a place to put the machines. This, to us, is a great benefit in terms of the space needed.”
When Mr Chen was introduced to the IPIM’s “One-stop Service” for Investors, he discovered that using the service meant setting up a food factory in Macao ins’t complicated. “The whole process did not take very long,” he said. Once the company had chosen a suitable location for its factory, it had to make the necessary applications, fit out the premises, undergo the necessary inspections and assessments, and obtain all the permission and licences required before starting up the factory. “It took around six months,” Mr Chen said.
To begin with, sales in Hong Kong and Mainland China were what Mr Chen describes as decent. Working in Mainland China had put him in contact with potential customers for exporting products made in Macao. He said Fabrica de Produtos Alimentares Hong Kin exhibited at trade events and had encountered plenty of retailers at the shows, but it had not yet found the right channels for wholesaling.
Now Fabrica de Produtos Alimentares Hong Kin detects signs of saturation in major markets. “Our major products – watercress with honey and chrysanthemum tea with honey – are popular only in Hong Kong and Macao, so we are planning to develop other kinds of drink syrups, as well as syrups for cocktails,” Mr Chen said.
Mr Chen said Fabrica de Produtos Alimentares Hong Kin would continue to develop a greater variety of products and exhibit at trade shows to find the best way to promote its products among people in Macao and further afield.
If you are interested in meeting with the enterprise mentioned above, please contact "Macao Ideas" 's staff during office hours.
Ms. Cheang +853 8798 9707
Ms. Chong +853 8798 9739