With a MOP50 million (US$6.2 million) budget, the three main government business exhibitions this year the 25th Macao International Trade and Investment Fair (25th MIF), the Macao Franchise Expo 2020 (2020MFE) and the 2020 Portuguese Speaking Countries Products and Services Exhibition (2020PLPEX) will include considerable online exhibition elements and visitor number limits.
The three exhibition events will take place at The Venetian between October 22 and 24, with the usual requirements for body temperature checks, exhibiting a local health code and wearing masks to be requested.
However, exhibitors will also be required to prepare disposable gloves, alcohol-based sanitizers, extra masks, keep their booths well ventilated, and keep social distancing.
The new Macau Trade and Investment Promotion Institute (IPIM) Director, Lau Wai Meng, stating in a press conference today (Tuesday) that the exhibition area will also be divided into zones where only 250 people are allowed at a time, and therefore the negative nucleic acid test requirement demanded events in closed spaces with over 400 people will be able to waivered.
Only half of the exhibition venue will be allowed to be used as a measure to help with crowd management, with the three exhibitions to cover 25,000 square metres.
This year the events will also include an online expo, online matching sessions, online promotion seminars, and a live streaming studio which will carry out a total of 18 live streaming shows during the three days and covering investment opportunities in Mainland China, Made-in-Macao and Macao Brands, corporate and product promotion, branding sessions, and youth and technological innovation startups.
The number of online expo exhibitors was said to have exceeded 1,100, with a total of 3,700 online exhibits, including exhibitors from Mainland China, Portugal, Brazil, Canada, Singapore, Japan, Hong Kong and Macau.
“We will use this as a learning experience since all these online methods are new but we are confident it will also bring new opportunities,” Lau added.
The IPIM Director also noted that all efforts would be taken to not use the full MOP50 million budget for the three exhibitions, with authorities having decided to hold the three events at a time so as to have a larger impact in terms of online exchanges between companies and traders.
Overall the three exhibitions will include more than 700 exhibitors and 10,200 booths.
The number of exhibitors at MIF’s Macao SME Pavilion was said o have increased from double-digits last year to about 160 this year, with 40 per cent of them being first-time exhibitors.
Meanwhile, the 2020PLPEX will set up the ‘Portuguese-Speaking Countries Products Exhibition Zone’ for exhibitors from Portuguese-speaking countries, who are not able to physically join the exhibition, to showcase their products at the venue.
The 17th World Summit of Chinese Entrepreneurs will also be carried out as a side event and focused on ‘Technology and lifestyle sustainable development in smart cities’.
Some 500 mainland and Macau businessmen were invited to take part in the summit on-site, with some 1,000 invited to take part in the online event.