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Macau could benefit from a proposed Cross-Strait Common Market. Hong Kong, Taiwan
and Macau could become a single economic zone. The Cross-Strait Common Market
would allow Taiwan to invest in Macau and take advantage of China's rapidly expanding
economy.
Although China's expansion continues, recent legal and business developments threaten
to stunt an otherwise spectacular growth. Foreign companies could still benefit from the Chinese market by increasing investments in Macau.
I propose an Information Technology centric Business Proposal. At the core of my
proposal is the Value Added concept under which either telecommunications systems or
entire business systems could be customized for the Chinese market. By writing market
specific software, Macau could also manufacture entire systems competitively regardless of currency exchange issues. Macau's proximity, infrastructure and legal environment calls for investments focused on China.
Current mobile phone deregulation in Macau
could be expanded to include manufacturing and innovation of cellular services in China. Political stability and the absence of obvious corruption, helps Macau challenge other regional competitors for a bigger share of investment. The Philippines, Indonesia
and even Thailand are presently riskier than Macau. Macau is also a compact state plus
there are plenty of fiscal and financial incentives already in place. Macau could easily get foreign financing to promote and implement this Business Proposal.
IBM, Nokia, Cisco, Motorola and even Management Consultancies should get ready to refine their China strategy via Macau.
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