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The 12th Macao International Trade and Investment Fair (MIF) held from 18 – 21 October 2007 at the Cotai Strip™ Convention and Exhibition Centre in the Venetian® Macao-Resort-Hotel, proved to be a resounding success. The 12th MIF continued its function as a trade and business service platform to serve local business communities, especially the small and medium enterprises (SMEs) by providing opportunities for them to make international connections while enhancing their competitiveness. This year, MIF was the first event to be held at the Venetian® Convention and Exhibition Centre and was the largest ever in terms of exhibition area, booths, number of participating delegations and local business organisations. An electronic registration system and online visitor pre-registration was also introduced in order to simplify applications for visitors and improve the Fair’s professionalism. It was also the first time that MIF was co-ordinated by 3 local convention and exhibition organisations, which was conducive to the mutual participation and development of local business communities. The 13th Macao International Trade and Investment Fair (MIF) is to be held from 23-26 October 2008 on the Cotai Strip™ Convention and Exhibition Centre in the Venetian® Macao-Resort-Hotel.
The Chief Executive, Mr. Edmund Ho Hau Wah, officiates over the opening ceremony of the 12th Macao International Trade and Investment Fair
SHOWCASING MACAO’S NEW DYNAMICS, ADVANCING OPPORTUNITIES OF THE TRADE AND ECONOMIC COOPERATION PLATFORM
The main theme of the 12th MIF was Showcasing Macao’s New Dynamics, Advancing Opportunities of the Trade and Economic Co-operation Platform. There were a total of 889 booths, a 170% increase on last year. Exhibitors came from 31 countries and regions; a total of 236 delegations from 50 countries and regions participated this year, an increase of 60%.
To highlight Macao’s advantage as a trade and economic co-operation platform, there were themed pavilions including a Macao Pavilion, the EU Pavilion, Portuguese-speaking countries Pavilion, China’s Provinces and Cities Pavilion, American Corner, Portugal Pavilion, German Guild Hall, International Trade and Investment Promotion Institutes Pavilion, International Convention and Exhibition Pavilion, Monetary Pavilion, Enterprises Pavilion, Small and Medium Enterprises Pavilion and World Chinese Entrepreneurs Medal of Creation 2007. This year the Exhibition Incubator Pavilion made its debut to provide a platform for exhibition organisers and business organisations. Other pavilions set up this year included the Tourism and Leisure Products Pavilion, Exhibition Services and Equipment Supplies Pavilion and General Commodities Pavilion. In order to further encourage SMEs to utilise MIF as a medium for publicity, promotion and marketing and to effectively explore business opportunities for products marketed, manufactured and traded in Macao.
One of the features that MIF is used to promote is that Macao is an economic and co-operation service platform for China and Portuguese-speaking countries. The Portugal Pavilion this year was expanded to 38 booths with over 40 exhibitors. Products on display included traditional Portuguese food products, electrical equipment, banking, logistics industries to name a few. The Portuguesespeaking Countries Pavilion organised by the Permanent Secretariat of the Forum for Economic and Trade Co-operation between China and Portuguese-speaking countries (Macao) has further strengthened the role of Macao as an economic and trade co-operation platform for China and Portuguese-speaking countries by successfully inviting trade promotion organisations from 7 Portuguese-speaking countries to bring trade and economic delegations to participate in the 12th MIF.
FORUMS AND CONVENTIONS – KEEPING UP WITH THE LATEST MARKET INFORMATION AND SEEKING TRADE AND INVESTMENT OPPORTUNITIES
A total of 2,791 participants took part in the 34 forums and conventions held during this year’s MIF, namely the International Trade and Investment Forum 2007 co-organised by IPIM, Investment Promotion Agency of MOFCOM and the Macau Chamber of Commerce and the Macao International Convention and Exhibition CEO Conference 2007 arranged by IPIM and China Council for the Promotion of International Trade held on 18 October, and the European Union – Fujian – Macao Investment Trade and Enterprise Co-operation Seminar organised by IPIM, Fujian Provincial Department of Foreign Trade and Economic Co-operation, Portuguese Business Development Agency and the European Union Chamber of Commerce in China on 19 October.
Over 30 commodity and service presentations from different countries and regions were held, trade and economic opportunities available included the EU Patent and Trade Marks held on 18 October and seminars on co-operation and project promotion in Angola, India, Poland, Shaanxi Province and Panyu in Guangdong City held on 19 October.
Co-operation forums between China and Portuguese-speaking countries included the China and the Portuguese-speaking countries-Products Sourcing-2007 co-organised by International Lusophone Markets Business Association and the Fujian Provincial Economy and Trade Committee on 19 October and the Presentation Session on the Potential for Developing Scientific and Technological Co-operation Between China and the Portuguese-speaking Countries planned by the Permanent Secretariat of the Forum for Economic and Trade Co-operation between China and Portuguese-speaking countries (Macao) held on 20 October.
ENORMOUS GROWTH IN PROFESSIONAL VISITORS AND BUSINESS MATCHING ART PRODUCTIVE
In order to further enhance the international and professionalism of MIF, it was held at the Cotai Strip™ Convention and Exhibition Centre in the Venetian® Macao-Resort-Hotel. Also, the electronic registration system was introduced in order to improve the accuracy of the statistical data garnered at the event. Online visitor pre-registration was also launched in order to simplify applications for visitors to the event.
The 12th MIF was attended by 9,571 professional visitors, double that of last year. Buyers’ Corner provided services to over 35 buyers. Apart from well-known international enterprises such as the Venetian® Macao- Resort-Hotel and Wal-Mart, local corporations also actively took part in MIF, resulting in a more diversified buyer’s service. During the four-day event, 607 business matching negotiations and contracts were signed for 24 projects which involved MOP 3.87 billion in industries such as manufacturing, electronic technology, product agencies, pharmaceutical, tourism, convention and exhibition, real estate and chemicals; signatories came from China, Portuguese-speaking countries, Japan, Hong Kong, Macao and Taiwan. The 12th MIF further strengthened the “Projects Matching” service and the “Delegation Registry Matching” service in order to enlarge the size of the business matching section. As in previous years, IPIM set up on-site counters to provide travel, postal, telecommunications and parcel delivery services to facilitate the needs of visitors from the Mainland and overseas.
QUESTIONNAIRE RESULTS – OVER 70% OF THE RESPONDENTS CONSIDERED THE 12TH MIF BETTER THAN LAST YEAR
A survey was conducted by the Faculty of Social Sciences and Humanities of the University of Macau (UMAC). The survey was commissioned by IPIM to gather statistical information for reference purposes. Among the 2,373 valid completed questionnaires, 800 were filled in by professional visitors, 300 by exhibitors and nearly 1,300 by the general public. Respondents were from Macao, the Mainland, Hong Kong and 20 different countries. According to the statistical data available, exhibitors were generally satisfied with the MIF arrangements this year. 31.6% of the professional visitor respondents had also participated in the 11th MIF, among which 76.2% commented that this year was better than last year, 14% believed that both were similar. 37.1% of the general public respondents also attended the 11th MIF, among which 74.2% considered that the event this year was better than last year and 13.2% believed that both were similar. Over 83% the general public respondents stated that they would also visit MIF next year.
The 12th MIF were supported by the following sponsors: the Venetian® Macao-Resort-Hotel as a Diamond Sponsor, Bank of China Limited Macau Branch as the Platinum Sponsor, and the Seng Heng Bank Ltd, San You Development Company Limited, Empresa de Desenvolvimento Predial Vitória, S.A., Melco PBL Entertainment (Macau) Limited, Air Macau Co, Ltd as Gold Sponsors.
THE ISSUE’S TOPICAL STORY
IPIM’s booth in 12th Macao International Trade and Investment Fair
Jieyang Pavilion
EU Pavilion
Portuguese Wine and Olive Oil Tasting
Guests exchanging opinions during European Union – Fujian – Macao Investment Trade and Enterprise Co-operation Seminar
Various Contracts were signed during MIF
Guest speakers at the Macao International Convention and Exhibition CEO Conference 2007
“Macao the Ideal Place to Live” Pavilion shows Macao’s Real Estate advantages
The Portuguese-speaking Countries Pavilion
International Trade and Investment Forum 2007
Small and Medium Enterprises Pavilion
Buyer’s Corner
Important Notice：All information is for reference only. While every effort is made to ensure the accuracy of information, IPIM will not be held responsible or be liable for failing to guarantee the accuracy of any information provided, nor for any damage caused by inaccurate information or omissions.。
