Macau has a new trade and investment chief

Vincent U inaugurated as new head of IPIM to drive Macau's ambitious plans for sector recovery and development ahead.

After serving as acting president for the past year, Vincent U U Sang was officially installed as the new head of the Macao Trade and Investment Promotion Institute (IPIM) – the government agency responsible for the MICE sector – on 8 March.

Under U's charge, IPIM has been stepping up its efforts to drive the recovery and development Macau's MICE industry, working with local MICE associations in a bid to bring 1,000 events to the city this year.

He also led a delegation of MICE representatives from Macau to attend the recent UFI Asia-Pacific Conference 2023 in Kuala Lumpur, during which Macau's confirmation as host the UFI Asia-Pacific Conference in 2024 was announced. This will be the second time Macau hosts the UFI conference after first hosting it in 2008.

U joined IPIM in 2002 and served as manager of the Research and Information Division from 2008 to 2014. He was appointed as advisor of the Office of the Secretary for Economy and Finance of the Macao SAR Government on 20 December 2014, holding the post until 31 August 2019.

He was then appointed to the position of the executive director of IPIM since 1 September 2019, before becoming acting president from 27 May 2022.

Prior to joining IPIM, he worked in the banking sector for a few years.

U earned a PhD in Management from the Macau University of Science and Technology. He has also obtained MBA degree from the University of Macau, Master of Economics and Bachelor of Economics degrees from the Jinan University.