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Forum Macao’s support office is to be absorbed by IPIM

The restructuring is for the purpose of ensuring a more efficient use of resources, IPIM said in a statement to media.

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The Macao Trade and Investment Promotion Institute (frequently called by its Portuguese acronym IPIM) is to absorb the support office of the permanent secretariat of Forum Macao, TDM reports.

According to an IPIM statement cited by the broadcaster, the move has the aim of “integrating and allocating more resources to increase efficiency.” 

Local media reports say that the restructuring was hinted at earlier by Macao’s finance secretary Lei Wai Nong.

[See more: Forum Macao marks its 20th anniversary with an exhibition and symposium]

Last month, Forum Macao announced that its sixth ministerial conference would be held in April of this year.

The event has been on hiatus for a number of years, although an extraordinary ministerial meeting was held online in April 2022.

Founded in October 2003 by the central government, Forum Macao is tasked with facilitating intergovernmental exchange between China and the nine Portuguese-speaking countries, primarily in the spheres of economy and trade.

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