Macau International Fair generates estimated US$493 million in business

24 October 2007

Macau, China, 24 Oct – The 12th Macau International Fair (MIF), which was held from October 18 to 21, generated business deals estimated to total US$3.87 billion patacas (US$493 million), officials from the Macau Institute for Promotion of Trade and Investment (IPIM) said.

According to the organizers, the fair attracted 52,576 visitors, of which around 10,000 were professionals from 31 countries and regions, which represented a rise of 48 percent against the 2006 fair.

During the fair 24 contract were signed for projects linked to companies in Macau, mainland China, Portugal, Hong Kong, Japan and Taiwan, amongst others.

The contracts signed are related to manufacturing, pharmaceutical products, tourism, conventions and expositions, state and chemicals.

the 12th Macau International Fair had a total of 889 pavilions, which was an increase of 172 percent on the previous year.

The fair was attended by representatives of mainland China, Portugal, Brazil, Angola, Mozambique, Guinea Bissau, Cape Verde, East Timor, the United States, Canada, Australia, Austria, Belgium, the Czech Republic, Germany, Hungary, the Netherlands, Poland, Spain, the United Kingdom, Chile, South Africa, Dubai, Egypt, India, Pakistan, Japan, and Thailand, as well as Hong Kong Macau and Taiwan. (macauhub)