The newly minted Commerce and Investment Promotion Institute marks a new chapter in Macao's economic promotion efforts. Photo Credit: Adobe Stock/Weiming
Macao has unveiled its new Commerce and Investment Promotion
Institute, a result of merging the former Macao Trade and Investment
Promotion Institute with the Permanent Secretariat of the Forum for
Economic and Trade Co-operation between China and Portuguese-speaking
Countries (Macao).
The merger between the two bodies was established to “with a view to
optimising the internal structure and enhancing service efficacy and
efficiency”.
While adopting a new English name of the “Commerce and Investment
Promotion Institute”, the organisation will retain its Portuguese
abbreviation "IPIM".
Consisting of three departments and eight divisions, key responsibilities of the institute include the following:
- Attracting businesses and investments
- Supporting companies in exploring markets
- Promoting the development of MICE industry
- Facilitating economic and commercial exchange and cooperation between China and Portuguese-speaking countries
- Assisting in the work of the Permanent Secretariat of the Forum for
Economic and Trade Co-operation between China and Portuguese-speaking
Countries (Macao)
The organisation’s public service counters, official websites, email
addresses and contact numbers will remain unchanged – as will those of
Forum Macao’s permanent secretariat, according to IPIM’s statement.
Social media accounts will be updated without disrupting existing
subscriber access.
The new board of directors – including president Vincent U and executive directors Sam Lei, Wong Yee Lam and Leong Wa Fong – have also assumed office.