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Macau commissions studies to launch industry and tech funds

The Macau government has commissioned professional institutions to conduct studies on the establishment of two new funds—an industry fund and a guidance fund aimed at transforming scientific and technological achievements—as part of its broader efforts to drive local tech development and economic diversification.

The remarks were made by Secretary for Economy and Finance Tai Kin Ip during a meeting of the Macau Council for Science and Technology on Monday.

According to Tai, the studies will provide expert analysis to support the creation and operation of the funds. A cross-departmental task force has been formed to coordinate detailed planning and ensure effective implementation, he added.

Read more in Macau News Agency

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