Japan’s Angel Group has unveiled plans to invest a substantial $130 million in the development of a new factory located in Cotai’s Concordia industrial zone. This strategic move marks a significant milestone in the company’s expansion efforts in the region.
The new factory is expected to bolster Angel Group’s manufacturing capabilities, drive economic growth, and create numerous job opportunities within the local community. The investment aligns with the company’s long-term vision of enhancing its global footprint and strengthening its presence in key markets.
The decision to establish a facility in Cotai’s Concordia industrial zone underscores the strategic importance of the location, known for its robust infrastructure and business-friendly environment. Angel Group’s commitment to this investment reflects confidence in the region’s potential for future growth and development.
Milestone event marks a new era of growth
On its 75th anniversary, Angel Group has announced a significant investment during a groundbreaking ceremony, reinforcing its strategic growth initiatives. This pivotal moment underscores Angel Group’s commitment to expanding its footprint and fostering innovation within the industry.
The event attracted industry leaders, stakeholders, and notable figures, who all celebrated this historic milestone. The investment is poised to bolster Angel Group’s market position and drive forward-looking projects.
This announcement cements Angel Group’s legacy of growth and progress, ensuring continued success for decades to come.
A new, state-of-the-art factory covering 25,000 square metres is set to be completed in 2026. This ambitious project will significantly boost production capabilities and enhance operational efficiency.
Key features of the new factory:
- Modern design with cutting-edge technology;
- Eco-friendly, sustainable construction materials;
- High automation to streamline processes;
- Spacious layout for improved workflow;
Project timeline:
| Milestone | Completion Date |
|---|---|
| Design Finalization | Q1 2024 |
| Groundbreaking | Q3 2024 |
| Construction Phase 1 | Q1 2025 |
| Construction Phase 2 | Q4 2025 |
| Project Completion | Q2 2026 |
Once operational, the factory will create hundreds of new jobs, stimulate local economy and set new industry standards. Stay tuned for more updates on this exciting development.
Chairman Yasushi Shigeta pledges dedication to Macau’s prosperity
Chairman Yasushi Shigeta reaffirmed his unwavering commitment to the future of Macau, emphasizing strategic plans for sustained growth and prosperity. He highlighted collaborative efforts aimed at creating a robust, forward-thinking environment.
President Asuka Kurahashi echoed this vision by underscoring the myriad job opportunities being designed specifically for local talent. Kurahashi detailed strategic initiatives focused on nurturing and developing Macau’s workforce, promising significant advancements and career growth for local professionals.
Angel Group’s $130 million investment in a new factory in Cotai’s Concordia industrial zone is a commendable step towards economic growth and job creation in the region. Their focus on modern, eco-friendly design and high automation is not only forward-thinking but indicates a strong commitment to innovation and efficiency. It’s impressive to see such dedication to local talent development, which will surely contribute to sustained prosperity in Macau. This initiative reflects well on Angel Group’s strategic vision and its commitment to community development.
This is great news! Investing in the new factory not only showcases Angel Group’s commitment to growth but also brings much-needed job opportunities and economic development to the local community. The focus on sustainable construction and automation is especially commendable, ensuring that progress does not come at the expense of the environment. It’s encouraging to see companies like Angel Group leading by example in both innovation and corporate responsibility.
What an impressive step forward by Angel Group! Investing $130 million into a new factory not only showcases their commitment to expansion but also their dedication to driving economic growth and creating jobs in Cotai. It’s promising to see such an emphasis on sustainable development and local talent nurturing. This could be a game-changer for the region’s industry landscape.
This is fantastic news for both Angel Group and the Cotai region! A $130 million investment not only signifies confidence in the local economy but also promises job creation and technological advancement. I’m particularly impressed with the commitment to eco-friendly construction and high automation, which aligns with modern sustainability goals. This development could set a new standard for industrial growth and innovation. Cheers to Angel Group for paving the way!