A total of 88 deals with an estimated value of MOP5.5 billion (US$687.5 million) were signed at this year’s Macau International Trade and Investment Fair (MIF). The organiser – the Macao Trade and Investment Promotion Institute – did not disclose an official figure, only saying “the value increased by 10 percent from a year earlier”, our sister publication Business Daily reports. A total of 81 deals worth MOP5 billion were signed at 2011’s MIF. Most of this year’s deals focused on food and services. Nearly half were signed by Macau enterprises. The four-day fair ended yesterday and recorded a 9.2 percent year-on-year increase in total visitors over last year, to close 104,000 visits.
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