[August 29, 2016, Macau] MGM held the “MGM PRIDE Program Training Series: Forum on National Conditions – Challenges & Opportunities of the Economic Developments for Mainland China and Macau” today for 300 team members of middle-management tier and above. The objective of the Forum is to strengthen local talent’s understanding of the economic development in China and encourage them to seize the chance to pursue their career. The event was co-organized by MGM, University of Macau and the National Conditions Education Association (Macau), the Liaison Office of the Central People’s Government in the Macau Special Administrative Region as the advisor.
MGM launched the “MGM PRIDE Program” in 2014, aimed at training local middle management members with potential. In addition to monthly regular classroom training sessions, the “MGM PRIDE Program Training Series” was officially rolled out this month. Scholars and experts were invited to give talks as one of the ongoing training projects under the Program, including Professor Kwok Yat Ming, seasoned media veteran and Phoenix Satellite TV’s guest commentator, as well as Professor Davis Fong, Director of The Institute for the Study of Commercial Gaming at the University of Macau. They spoke on the subject of China and Macau’s economic development, elaborating the opportunities and challenges faced by Macau in building itself as the world’s tourism and leisure center based on the general information and features of the social, political, economic and cultural aspects of China. In the outline of its “13 Five-year Plan”, China clearly calls for expanding the unique advantages of Macau and enhancing the city’s status and function in China’s economic development and open-door policy. This has created various opportunities for a series of cooperation projects, such as economic cooperation, between the two places. These talks have enabled MGM’s team members to acquire a more comprehensive understanding of the economic diversification and other aspects in China and Macau, encouraging them to seize opportunities to devise development plans of their own.
A special kick-off ceremony was held for the training series, with Guests of Honor Mr. Xu Jun, Assistant Director-General of the Economic Affairs Department of the Liaison Office of the Central People’s Government in Macao SAR; Mr. Jack Wong, President of National Conditions Education Association (Macau); Professor Jacky So, Dean of Faculty of Business Administration, University of Macau; and Mr. Grant Bowie, Chief Executive Officer and Executive Director of MGM China Holdings Ltd. were invited to appear as guests.
The Liaison Office of the Central People’s Government in Macao SAR expressed recognition and appreciation of MGM’s active role in organizing various patriotic education and exchange activities. National education among the Macau community is inseparable to the implementation of the “One Country Two Systems” policy, as well as the stable and prosperous development of the Macau society in the long run. The Liaison Office of the Central People’s Government in Macao SAR will remain supportive to the patriotic education and exchange activities organized by MGM.
President of National Conditions Education Association (Macau), Mr. Jack Wong said, “This is the first collaborations of our Association with MGM in hosting the ‘Training Series,’ which also marks another milestone for National Conditions Education Association (Macau) since our establishment eight years ago. We strive to enhance understanding of national conditions among integrated resort staff, which strengthens their sense of belonging and identity to the country.”
Professor Davis Fong, Director of The Institute for the Study of Commercial Gaming at the University of Macau, said, “The economic and enterprise development of China and Macau are intertwined. This Forum hosted by MGM creates a synergy between the future planning and development of both regions, and this is key to the sustainable development of enterprises. Both the ‘One Belt One Road’ initiative and that of positioning Macau as the world tourism leisure center are highlights under the ‘13th Five-Year Plan’; it will be advantageous for corporates and individuals to seize this opportunity for growth.”
Chief Executive Officer and Executive Director of MGM China Holdings Ltd., Mr. Grant Bowie said, “China is advancing at a tremendous pace. Its national policies present a wide range of opportunities and challenges to the development of the Macau SAR. The Training Series enables our team members to acquire a further and deeper understanding of the development in China and Macau. This is indeed a rare opportunity to learn. We are an enterprise with a firm presence in Macau. It is our ongoing commitment to train up local talent and our responsibility to provide opportunities for our staff to achieve self-improvement, to broaden their horizon and to get a better hold of the plan of China and the SAR Government for developing Macau into a world tourism and leisure center.”
MGM will continue to organize and participate in more community exchange and educational programs as part of our commitment. We aim to act as a bridge to create more opportunities and exchanges in the areas of economy, culture, art, education and livelihood between Macau and the Mainland for a better tomorrow together.
MGM is an abbreviation for MGM China Holdings Limited (HKEx: 2282) and is a leading developer, owner and operator of gaming and lodging resorts in the Greater China region. We are the holding company of MGM Grand Paradise, SA which holds one of the six gaming concessions/subconcessions to run casino games in Macau. MGM Grand Paradise, SA owns and operates MGM MACAU, the award-winning premium integrated resort located on the Macau Peninsula and is developing a second resort, MGM COTAI which is expected to more than double our presence in Macau.
MGM MACAU is a Forbes Five-Star luxury integrated resort inspired by the arts with every element of the resort infused with creativity and style. MGM MACAU has approximately 600 guest rooms and suites and boasts a number of distinguishing features, including the architecturally stunning European-inspired Grande Praça, housed under a soaring glass ceiling. MGM MACAU’s world class facilities include the MGM Art Space, dedicating over 8,000 square feet to display authentic works of art, conference and event facilities, spa, and eight signature restaurants and bars to fulfill any gastronomic craving. Our property is conveniently located on prime waterfront on the Macau Peninsula and is directly connected to the luxury retail shopping complex, One Central.
MGM COTAI, designed as the “jewelry box” of Cotai, plans to offer approximately 1,500 hotel rooms and suites, meeting space, high end spa, retail offerings and food and beverage outlets as well as the first international Mansion at MGM for the ultimate luxury experience. MGM COTAI will offer Asia’s first dynamic theater and a spectacle to wow every guest who steps foot in our resort. MGM COTAI is being developed to drive greater product diversification and bring more advanced and innovative forms of entertainment to Macau as it grows as a global tourist destination. The HK$24billion project is expected to open in second quarter of 2017.
MGM China Holdings Limited is majority owned by MGM Resorts International (NYSE: MGM) one of the world's leading global hospitality companies, operating a portfolio of destination resort brands including Bellagio, MGM Grand, Mandalay Bay and The Mirage.
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