China Daily Global Weekly

Business magnate sees bright future for region

- By EDITH LU edithlu@chinadaily­hk.com

Young people can find opportunit­ies in multiple sectors in the Guangdong-Hong Kong-Macao Greater Bay Area, as the area’s potential will continue to grow stronger, said prominent Hong Kong businessma­n Allan Zeman.

Zeman, founder of Hong Kong nightlife district Lan Kwai Fong, made the comment at the Vision China forum in Macao on Dec 11.

He urged youngsters to look at things with different eyes and see things other people do not see. As a successful businessma­n, Zeman said, he always looks at things as “not what they are, but what they could be”.

Through this perspectiv­e, he said the bay area shows tremendous promise. Last year, the gross domestic product in the area reached $1.5 trillion and it had 70 million residents. By 2030, it is likely to have 80 million people and the GDP could grow to $3.5 trillion.

Seeing the vision of China, Zeman

came across the world from Montreal to Asia decades ago. He has been living in Hong Kong and Macao for 48 years, and his best known link to Macao is through his role as nonexecuti­ve chairman of Wynn Macau, a subsidiary of US-based hotel and casino firm Wynn Resorts.

Zeman had his first office on the Chinese mainland 35 years ago. In recent years, he said he has watched changes take place, which are “mindboggli­ng”.

“So when this vision for the Bay Area came along, I’m supposed to be this visionary entreprene­ur again,” he said. “And every business person around the world wants to become part of it.”

Zeman noted that Hong Kong, Macao, Shenzhen and Guangzhou are four economic pillars in the area. He believes every city has its own uniqueness and they can work together as a family but still be competitiv­e.

 ?? CALVIN NG / CHINA DAILY ?? Allan Zeman talks about his business experience­s.
CALVIN NG / CHINA DAILY Allan Zeman talks about his business experience­s.

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