Macau Institute for Promotion of Trade and Investment (IPIM) to boost support locals SMEs

7 April 2010

Macau, China, 7 April – The chairman of the Macau Institute for Promotion of Trade and Investment (IPIM), Jackson Chang, said that one of the institute’s main tasks would be to boost support for local small and medium-sized enterprises (SMEs).

Speaking to The Macau Daily Post, Chang also said that IPIM would “work with associations,” in order to organise some seminars to support SMEs, so that they can improve their competitiveness.

According to Chang, some of the main problems faced by Macau’s SMEs are the capacity to access market information, promotion and funding.

“We also have programmes to help local SMEs to promote their products,” the IPIM chairman said.

Focusing on SMEs in a speech last March, Macau Chief Executive, Fernando Chui Sai On, presented a number of measures to support small and medium-sized enterprises in the territory, namely by reducing taxes and financing plans.

Jackson Chang (Cheng Chou Weng) started at IPIM in 1994 and was an executive director from 2003 until January 2010 when he replaced Lee Peng Hong, who had been chairman since 1999. (macauhub)