5 key areas of collaboration were agreed to catalyse the potential of the Business Events industry in Asia.
The Business Events and Meetings, Incentives, Conferences and Exhibitions (MICE) industry in Asia is on course to catalyse its potential after global industry leaders and government representatives agreed on five key areas of collaboration at the Joint Leadership Summit (JLS) at The Fullerton Hotel, Singapore on 5 October.
Senior representatives from global Business Events organisers underlined their commitment in the region and the vital role that the industry play in supporting national and regional governments in implementing their economical and societal development priorities. They emphasised that the sector is a critical element in delivering post-pandemic recovery that can be immediately utilised by governments.
Industry leaders, trade associations and government representatives present agreed to develop five key areas to activate the potential of Business Events and to boost the growth of the industry through international and regional collaboration.
The parties will reconvene in October 2023 to review the progress and discuss additional measures to drive the next stage of growth for the region’s Business Events industry.
Dato’ Vincent Lim, President, Asian Federation of Exhibition and Convention Associations (AFECA), said: “All of us are united in rebuilding and reviving Asia’s Business Events and MICE industry together. We hope for businesses and governments to work with stakeholders in closer collaboration to create a powerful synergy to drive our industry forward and upwards, as it is an important and invaluable economic contributor to many countries.”
Francis Teo, President, Malaysian Association of Convention and Exhibition Organisers and Suppliers (MACEOS), said: “The global economy is in a troubling state, it is more important than ever that we stand together to support and show the world that we are a united industry. We are committed to working together to drive recovery and growth, and to promote the region as a safe and welcoming destination for MICE events. The MICE industry is essential to the global economy and we will continue to support one another through these challenging times. I am confident that the measures being put in place by our respective governments, businesses as well as people across this region will ensure safety for all MICE participants. We look forward to welcoming foreign business travellers to the region soon.”
Richard Ireland, President, Singapore Association of Convention & Exhibition Organisers & Suppliers (SACEOS), said: “These are exciting times for the Business Events and MICE industry in Asia. While different markets are experiencing varying stages of reopening, the region has come together to agree on key areas of collaboration to catalyse the potential and growth of Business Events in Asia. We look forward to working with our regional and global partners to forge a brighter and more sustainable future for the industry together.”
Sumate Sudasna, President, Thailand Incentive and Convention Association (TICA), said: “The Joint Leadership Summit and Asia CEO Summit serves the purpose of uniting the business events industry in this region. The recognition on the contribution to national and regional economies, knowledge and legacies that events generate is essential and timely. Kudos to our industry friends in Singapore on this initiative which will certainly strengthen Southeast Asia as a respected destination for international events.”
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