• The MGM SME Program 2024 aims to promote exchanges and collaboration between Macau SMEs in Hengqin and Macau.
• The program also aims to facilitate integration between Hengqin and Macau for the sake of promoting Macau’s economic diversification and ensuring the sustainable development of Macau SMEs.

MGM, in collaboration with the Guangdong Office of the Macao Chamber of Commerce, launched the “MGM SME Program 2024: Seizing Business Opportunities in Cooperation Zone” on 28 June in Hengqin, Zhuhai. Concurrently, a procurement introductory session was held, introducing 80 target enterprises to the types of procurement and basic cooperation requirements of leisure enterprises, enabling these target enterprises to connect with leisure enterprises.

MGM said the program leverages MGM’s supply chain needs and experience in leisure enterprises, combined with the networking advantages of the Macao Chamber of Commerce’s established networks in Guangdong. The program aims to support Macau SMEs that are either interested in or have already ventured into the Cooperation Zone. It also aspires to strengthen the collaboration between enterprises in Macau and mainland China, thus promoting growth opportunities and joint development in Hengqin and Macau.

The program comprises three parts: The first is an introductory session to enable SMEs to understand MGM’s procurement needs. Secondly, various MGM department teams will hold exclusive business matching sessions in the Cooperation Zone and visit Macau-invested SMEs in the Cooperation Zone to discuss potential cooperation. Thirdly, MGM SME vendors will be invited to the Cooperation Zone to gain a deeper understanding of the development plans, business environment and supporting policies.

Kenneth Feng, President and Executive Director of MGM China Holdings Limited, said, “Over the past three years, the establishment of the Cooperation Zone has brought forth beneficial policies for Macau. The Cooperation Zone is the best starting point for Macau SMEs to expand into Mainland China.

“Through the innovative ‘Hengqin-Macau Integration’ model, we aim to foster more business partnerships in the Cooperation Zone. We hope that Macau can grasp hold of the business opportunities in the Cooperation Zone, expanding their reach to the Greater Bay Area and beyond.”

The event was also supported by the Economic Development Bureau of the Cooperation Zone.