The procurement expenditure of Sands China Ltd. exceeded MOP5.9 billion, of which 89% was from Macau enterprises, and SMEs accounted for 25%, according to Grant Chum, chief operating officer of Sands China Ltd., at the 2023 Sands China Local Supplier Open Day.
Co-organized with the Macao Chamber of Commerce, the 2023 Sands China Local Supplier Open Day was held yesterday at The Venetian Macao, providing a chance to connect with Sands China procurement representatives and procurement opportunities for local SMEs. The Open Day focused on local small and micro suppliers, ‘Made in Macau” companies, and Macau’s young entrepreneurs.
More than 180 suppliers registered for the open day.
Procurement booths included food and beverage, outside services and logistics, marketing and printing, technology and gaming, operating supplies and equipment, facilities and construction, and Macao-brand and made-in-Macao products.
“This open day gives us confidence,” said a supplier. He stated that as SMEs, they may be too small to network with such a big company like Sands China, however, the Open Day offers that chance.
The event also featured a Sands Procurement Academy booth, which aims to train prospective local SME suppliers with practical business knowledge and skills to help them gain experience and the capacity to collaborate with large international customers such as Sands China. On-site registration was available.
The gaming operator pledged that it will continue to invest in Macau’s development, which includes strengthening support to local SMEs, Macau Brands, ‘Made in Macau’ enterprises, and focus on exploring the potential of local innovative technology start-ups, said Chum.
Bank of China, the Industrial and Commercial Bank of China, and Banco Nacional Ultramarino also took booths at the event to showcase their financial products and services offered to SME suppliers.
Staff Reporter
