ALIN Legislative News
From University of Macau Faculty of Law
Macau: organization
and operation of the Trade and Investment Promotion Institute
(7 October 2024) On 5 June 2024, The Chief Executive of Macau SAR, in
consultation with the Executive Council, enacted the administrative regulation
on organization and operation of the Trade and Investment Promotion Institute
(Organização e funcionamento do Instituto de Promoção do Comércio e do
Investimento (Regulamento Administrativo n.º 20/2024). It was published in the
Official Gazette on 11 June 2024. This regulation aims to streamline the
organizational structure of government departments and attract investment. The
regulation entered into full force and effect on 1 July 2024, and repealed
Regulamento Administrativo n.º 26/2017 and a number of other administrative
regulations related to the Trade and Investment Promotion Institute and the
Office of the Permanent Secretariat of the Forum for Economic and Trade
Cooperation between China and Portuguese-speaking Countries.
See https://bo.io.gov.mo/bo/i/2024/24/regadm20.asp for the Official
Gazette in which the regulation (Regulamento Administrativo n.º 20/2024) was
published (in Portuguese).
The regulation incorporates the Office of the Permanent Secretariat of the
Forum for Economic and Trade Cooperation between China and Portuguese-speaking
Countries into the Trade and Investment Promotion Institute (Art 38, Art 40,
Art. 45, Art. 47).
The main duties of the Trade and Investment Promotion Institute include:
attracting investments [Art. 3(1), (2), (3), (4)], assisting enterprises in
opening up markets, promoting the development of the convention and exhibition
industry [Art. 3(5), (6), (7), (8), (9)], promoting economic and trade
exchanges and cooperation between China and Portuguese-speaking countries [Art.
3(10), (11), (12)], amongst others [Art. 3(13), (14)]. Headed by the
Commission, the Trade and Investment Promotion Institute is composed of three
departments and eight divisions:
(i) the Department of Investment Attraction and Economic and Trade
Development Affairs, which includes the Investment Promotion Division and the
Economic Development Division (Art. 14, Art. 15, Art. 16);
(ii) the Convention and Exhibition Development and Promotional Activities
Department, which includes the Convention and Exhibition Industry Development
Division and the Convention and Exhibition Promotional Activities Division
(Art. 17, Art. 18, Art. 19);
(iii) the Support Department for the Permanent Secretariat of Forum Macau
and the Promotion of Lusophone Markets, which includes the General Support
Division of Forum Macau (Art. 20, Art. 21);
(iv) the Organization and Information Technology Division (Art. 22), the
Administrative and Financial Division (Art. 23) and the Division of Legal
Affairs (Art. 24), all of which are subordinated to the Commission.
Author: Cai Yuan
Topic: investment
promotion, enterprises, international trade
Jurisdiction: Macau
Date: October
10, 2024