Sands announces MOP14.2b in local procurement

Sands China announced that its “Local Supplier Support Programme” had purchased around MOP14.2 billion worth of supplies from Macau companies in 2015.
The 2015 figure represents nearly 80 percent of Sands China’s total procurement last year, of which more than 12 percent (MOP1.8 billion) benefited Small- and Medium-sized Enterprises (SMEs). The amount marks a 36 percent increase from that of 2014.
The program, launched as the first of its kind in July 2015, is a joint initiative between Sands China and the Macao Chamber of Commerce. It focuses on promoting three types of local businesses: Small and Micro Companies, “Made in Macao” companies and young Macau entrepreneurs.
“Supporting the growth of Macau’s local enterprises remains a key area of focus for Sands China,” said Wilfred Wong, president and COO of Sands China.
“As Macau continues its rise as a world center of tourism and leisure, it is important that the economic benefits go to all, including Macau’s vibrant community of local businesses.”
Wong added that he is pleased to see other gaming operators running similar programs, as these collective efforts advance the region’s development.