The visit of the delegation of the Economic and Development Affairs Committee of the National Parliament of East Timor to Goa which was held from 20- 26 July 2014 under the motto “Tourism, Economy and Culture – the experience of Goa” was completed with a great success. The visit was based on a program developed by the Lusophone Society of Goa (LSG) with the support of the Goa Tourism Development Corporation (GTDC). Read more →
Visit of the “Economic and Development Affairs Committee” of the National Parliament of Timor Leste (East Timor) to Goa
“Tourism, Economy and Culture – the experience of Goa”
20 – 26 July 2014
After being contacted by the Economic and Development Affairs Committee of the National Parliament of Timor Leste (East Timor) to help them organizing a visit of Timorese Members of Parliament to Goa, the Lusophone Society of Goa (LSG) is happy to inform the visit is due to take place organized with the support of LSG.
The visit, 20 – 26 July 2014, seeks to exchange information and explore opportunities of cooperation between East Timor and Goa/India especially in the area of Tourism and related sectors. The visit pretends also to be a milestone in the History of the relationships between East Timor and Goa /India reestablishing the old close relationships.
Business contacts in any other area are also welcome. If you are interested in doing business with East Timor contacting the delegation please send an email, not later than July 15, to info@sh118.global.temp.domains Read more →
The Lusophone Society (LSG) in collaboration with CII – Confederation of Indian Industry, IdEA – Institute of Asian Studies and AAPI – Friendship Association Portugal-India organizes an International Congress on January 14 and 15, 2014, focusing on India and the market of the Portuguese-speaking countries (Angola, Brazil, Cape Verde, East Timor, Guinea-Bissau, Mozambique, Portugal, São Tomé and Príncipe, and the Chinese Special Administrative Region (SAR) of Macau).
With simultaneous translation English-Portuguese and vice-versa.
This Congress will be of particular Interest for entrepreneurs of Portuguese-speaking countries and of India, to come to know the real possibilities of exchange of goods and services.
The find of Petrobras and IBV Brasil in SEAL 11 off Brazil’s northeast coast, Sergipe-Alagoas basin could be the biggest oil discovery of the year. IBV Brasil is a joint venture between India’s Bharat Petroleum Corporation and Videocon Industries.
Meanwhile, the government plans to auction production rights for Libra, Brazil’s biggest-ever oil discovery, on October 21. Eleven foreign oil firms, including China National Petroleum Corporation, India’s ONGC Videsh and Malaysia’s Petronas, have paid more than $900,000 each to participate in the auction. Read more →
The state-owned utility Electricity of Mozambique (EDM) announced the implementation of an electrification project of the Maputo through a line of credit from Exim Bank of India. Exim Bank of India (Export-Import Bank of India) the premier export finance institution of India has been a catalyst and a key player of Indian investment in Mozambique. Read more →
” Goa survived four centuries of the Portuguese colonization as well as the hippie invasion in the sixties but is now threatened by mass tourism. More than 2,5 million tourists visits Goa every year, which has only 1,5 inhabitants. This tourist number doubled in the last ten years. The National Geographic classified the beaches of Goa as the worst of the world” reports an article published by “Planeta Sustentável”, the biggest site related to sustainability of Brazil. The article refers also to a report of the National Institute of Oceanography about the spreading of fecal coliform in the Goan marine waters as well as of piles of garbage scattered around Goa and on Goan beaches. Read more →
The Indian company Primus Agri Projects Private Limited is investing 3 million USD in the production of mung beans and sesame seeds in the province of Nampula, and the Indian Group Jindal Steel Power Limited projects to invest 180 million USD in coal production in the north of the Tete province. In addition, BPRL Ventures Mozambique B.V. and Videocon Mozambique Rovuma Ltd., both from India, participate in the Anadarko Moçambique Area 1 Group exploring natural gas in the Cabo Delgado province.
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As uncertainty continues over mining operations in the state, Goa’s second largest iron ore exporter, the Fomento Group, has begun exploring other business opportunities outside the country and the state. The Fomento group is in the process of starting mining operations in Brazil and Mozambique. “The operations will begin within two years,” Audhut Timblo, chairman and managing director of Sociedade de Fomento Industrial Pvt Ltd told Times of India. Read more →
Partipants of the congress establishing contacts
The 2nd Congress of the Lusophone Entrepreneur in Vitória, capital of the State of Espírito Santo (Brazil), was held in May/June 2012. The event was attended by entrepreneurs of the lusophone countries and also by invited countries such as Uruguay and Argentina.
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The economic delegation of Macau with the Ambassador of the People’s Republic of China Dr. Huang Song Pu in Mozambique, at the fair stand of Macau at FACIM
During the 48th Maputo International Fair (Facim 2012) held recently in Maputo, a delegation of Macau met representatives of the government of Mozambique in order to discuss the economic relationships between Macau and Mozambique.The aim of the meetings was to foster economic relationships between Macau and Mozambique within the lusophone market.
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A floating casino in Goan waters
Difficulties related to the legislation of the casinos in Goa could generate more tourist entries in Macau’s casinos says Union Gaming Research analysts in a note cited by Macau Business. In 2011, around 170,000 visitors came to Macau from India.
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