LVSC(US:LVS) Prnewswire·2025-04-17 14:18Core Viewpoint - Sands China celebrated the 10th anniversary of its Local Small, Medium and Micro Suppliers Support Programme, highlighting its commitment to supporting local SMEs and fostering economic growth in Macao [1][2][5]. Group 1: Programme Overview - The Local Small, Medium and Micro Suppliers Support Programme was established in 2015 in partnership with the Macao Chamber of Commerce to enhance procurement opportunities for local SMEs [2][10]. - The programme targets local small and micro suppliers, "Made in Macao" companies, and young entrepreneurs, aligning with government policies to support local business development [2][10]. Group 2: Open Day Event - The 2025 Sands China Local Supplier Open Day connected 250 local SMEs with Sands China procurement representatives, facilitating discussions on procurement opportunities [1][3]. - Various procurement booths were set up at the event, covering categories such as food and beverage, logistics, technology, and a special booth for DSEDT-certified Macao technology enterprises [4]. Group 3: Company Statements - Grant Chum, CEO of Sands China, emphasized the importance of the programme in supporting local SMEs and adapting strategies to market changes over the past decade [5]. - Hoi Lok Man from the Macao Chamber of Commerce highlighted the role of SMEs as the economic foundation of Macao and the collaborative spirit of local businesses [5]. Group 4: Future Initiatives - Sands China plans to launch a training programme to enhance local SMEs' online marketing capabilities, supporting their digital transformation [8]. - The company is also backing the "2025 Macau Youth Innovation and Entrepreneurship Competition" to empower young entrepreneurs and contribute to economic diversification [8]. Group 5: Procurement Achievements - In 2024, Sands China recorded a gross procurement amount of MOP 15.2 billion, with 84% (MOP 12.8 billion) allocated to Macao enterprises, including over MOP 4.6 billion to local SMEs [9].