The 25th Macao International Trade and Investment Fair (25th MIF), Macao Franchise Expo 2020 (MFE) and 2020 Portuguese Speaking Countries Products and Services Exhibition (Macau) (PLPEX) will have their first concurrent event tomorrow at the Venetian Expo Hall A-C, according to a statement released by the organisers on Tuesday at a press conference.
In previous years MIF and PLPEX were held concurrently, and this year MFE has been added to the event after being postponed in July due to the COVID-19 pandemic.
According to the statement, the event will take place from 22-24 October and will be held both online and offline. The statement said that besides physical exhibitions, forums, meetings, business matching sessions and special sessions, due to the COVID-19 pandemic, the three exhibitions will also have online platforms to enrich online presentations of products and services. The statement added that there will be other online events such as cloud matching, live-stream videos, online contract signing and promotion seminars.
The statement noted that as of Monday, over 1,100 expo exhibitors had signed up for online events, with over 3,700 online exhibits. The exhibitors are from Brazil, Canada, mainland China, Hong Kong, Japan, Macao, Portugal, and Singapore.
The statement said that there will be over 1,200 booths at the venue for various events such as project investment, modern financial services and technology innovation projects, food and catering services, cultural and creative industries, and Portuguese-speaking countries’ specialty products.
The statement also said that to ensure participants’ safety, the venue has been disinfected, and disinfected coating has been applied. Moreover, participants will need to follow the hygiene guidelines when entering the venue, the statement added.
According to the statement, there will be free shuttle buses for participants travelling between the exhibition venue and the peninsula’s northern and central districts as well as Taipa and other areas in the city.
During Tuesday’s press conference, which took place at the Venetian Expo, Macao Trade and Investment Promotion Institute (IPIM) President Benson Lau Wai Meng said in a speech that “it is expected that the three exhibitions can complement each other’s advantages, achieve resource sharing, and give further play to the synergistic effect to bring companies in different fields more business opportunities”.
Lau said that small- and medium-sized enterprises (SMEs) laid a vital foundation for promoting Macao’s moderate economic diversification and boosting the economy’s vitality, adding he hoped the exhibition could create more opportunities for local companies to strengthen communication with traders at home and abroad.
Lau revealed that the triple exhibition will cost MOP 50 million (US$6.26 million).