112 local merchants attend Wynn’s procurement partnership event

The launch of the “2016 First Quarter Local SME Procurement Program – Business Matching Session in Food & Beverage Category,” organized by Wynn Resorts (Macau) and the Macau Chamber of Commerce, was held yesterday in the Ballroom of Wynn Macau.
The organizers said 112 local merchants joined the business matching session during which the heads of the Food & Beverage
Department and Procurement Department at Wynn Macau gave an overview of their basic operations, food safety standards, product categories and standards, procurement procedures and requirements, among others.
Linda Chen, executive director of Wynn Resorts (Macau), said local SMEs play a vital role in diversifying the region’s economy, supported by the government’s “diversified and multi-angled” initiatives.
“These initiatives aim to bring convenience to people and simplify the bureaucratic process, while strengthening the business environment for SMEs. Wynn Macau hopes to continually cooperate with local SMEs to establish a stable […] economic environment,” Chen noted.
Meanwhile Chui Yuk Lam, vice-
president of the board of directors of the Macau Chamber of Commerce, hopes that more SMEs can build resources by establishing partnerships with large corporations, which in turn would enable them to support the development of other SMEs.
Design solutions by the five finalists of the “Procurement Platform Mobile App Design Competition,” were also showcased yesterday. The platform allows local SMEs to pursue opportunities with larger corporations, and is open to the public to promote “mutually beneficial development.”
Despite the city’s “suppressed” economic growth, Robert Gansmo, senior vice president and chief financial officer of Wynn Palace, told the Times that Wynn Palace could reach out to local SMEs.
“It has been a bit suppressed recently, but we’re hoping to see some growth in the near future, and as part of that we want to bring in local businesses […] we’re opening up Wynn Palace and that’s going to be a significant opportunity for us to expand our local business base.” Staff reporter