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Regus to open business centre in Macau, China

22 October 2008

Regus will be opening a new business centre in downtown Macau, China offering established companies and new entrants to the area a flexible, cost effective solution for different ways of working.

The Macau business centre boasts private and open plan office space, video conferencing, meeting room access and a professional business lounge. Mark Dixon, Group Chief Executive of Regus said: "We believe our business model will thrive in Macau due to the growing demand for our services from customers in the region. It's our first business centre in the area which is rapidly becoming known as the Las Vegas of Asia and a regional centre for meetings, trade shows and conferences."

Macau’s roots have always been based in business. The Portuguese were the first to arrive in China in 1513, having heard of the 'Empire of the Chins' from their trading outposts in India and the Malaysian state, Malacca. The Portuguese opted to settle on the peninsula, the port of Macau soon prospered thanks to its strategic position midway on the lucrative trading route between India's west coast, Malacca and Japan.
Presently Macau continues to enjoy a casino-led economy, with billionaire Stanley Ho monopolising the franchise since the early 1960s. Gambling accounts for 40 per cent of government revenue and is the attraction for a large proportion of Macau's eight million annual visitors. Macau is experiencing a significant land-reclamation program and construction boom aimed at attracting investment, trade and tourism. This makes the area a strategic location for Regus providing ideal market conditions for the latest addition to the Regus network, which currently consists of over 1,000 business centres worldwide.

Today there is a lack of office space in Macau that cannot satisfy the demand coming from start up businesses and established enterprises. The Regus business centre offers a new solution for businesses of all sizes and is a cost effective alternative to traditional ways of working. Mr Dixon continues: “The centre is ideal for executives on a short stay in Macau or for companies looking to open a branch office that require a professional and affordable place to work from, an increasing trend we have observed from our rapidly growing Businessworld membership base."

Covering a total area of 1,500 sq metres the business centre offers meeting room and board room facilities to suit every occasion, state of the art video conferencing facilities, a professional business lounge environment for drop in clients and private office space for businesses of any size. The centre also benefits from the latest Cisco IP telephony systems and is equipped with secure high speed wireless internet access.

The new Regus centre is conveniently located in the most established commercial area of Macau’s downtown district. It is close to the Institute of Civic and Municipal Affairs Building, banks, restaurants, shopping centres and Macau’s entertainment and gaming attractions. It is just 5 minutes’ walking distance from the main plaza of the historic city centre and only 15 minutes from the airport by taxi.

The location of the centre is expected to attract Regus Businessworld members who can use the facilities of the business lounge anytime at no additional charge. The revolutionary Regus Businessworld program is the only one of its kind that gives executives the flexibility they need whilst travelling. Additional details on the Regus Businessworld membership program can be found at www.regus.co.uk/businessworld





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