MICE gets lion’s share of IPIM funding

2017/5/5

The Macao Trade and Investment Promotion Institute (IPIM) allocated a total of MOP103.24 million in financial support during the fourth quarter of 2017, according to information published yesterday in the Official Gazette.
The meetings, incentives, conferences and exhibitions (MICE) industry was by far the largest beneficiary, with the Macao Convention & Exhibition Association netting 74.7 per cent of the total subsidies distributed by IPIM, which corresponded to an amount of MOP77.20 million during the three months ended December 2016.
The smallest subsidy was allotted to the Macau Ski Association, which received MOP1,525 over the same period.

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