IPIM and OVIA: forging new synergies and deepening the Portugal–Macao connection

On October 23, the Oeiras Valley Investment Agency (OVIA) met with the new President of the Macao Trade and Investment Promotion Institute (IPIM), Che Weng Keong, as part of its mission to China.

The meeting focused on expanding economic and technological cooperation between Oeiras and Macao, particularly in the fields of innovation, sustainable investment, and the blue economy, which are strategic priorities for both regions.

The discussion reaffirmed the existing Memorandum of Understanding (MoU) between OVIA and IPIM, establishing a framework for bilateral collaboration in investment promotion, business exchange, and joint innovation projects. Both parties expressed their intention to strengthen ties between companies and research institutions in the two territories, with an emphasis on clean energy, digital transformation, and maritime technologies.

Ambassador António Martins da Cruz, President of OVIA, emphasized the importance of closer ties between Oeiras and Macao as complementary innovation ecosystems, stating that the partnership with IPIM represents a strong bridge between Oeiras’ technological ecosystem and the business networks of the Portuguese-speaking world in Macao and China.

President Che Weng Keong highlighted the value of collaborating with Oeiras in developing high-value technological ventures, recognizing Oeiras’ growing role as a European hub for innovation and investment.

This meeting marked another step in deepening institutional cooperation between Oeiras and Macao, aligned with OVIA’s mission to promote international collaboration, sustainability, and technological innovation, key pillars of the Oeiras Valley ecosystem.

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