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.
