HKTDC Opens Inaugural Outdoor and Tech Light Expo

November 21, 2016

The Hong Kong Trade Development Council (HKTDC) held the inaugural Hong Kong International Outdoor and Tech Light Expo Oct. 26-29 at AsiaWorld-Expo (AWE).

The event featured about 380 exhibitors from Hong Kong, the Chinese mainland, Malaysia, Korea and Taiwan.

The Outdoor and Tech Light Expo showcased four major themes: outdoor lighting; lighting accessories, parts & components; professional & industrial lighting; and advertising lighting.

During the same period, the HKTDC also held three other shows, Eco Expo Asia, and Hong Kong International Building and Hardware Fair ran concurrently with Outdoor and Tech Light Expo, while Hong Kong International Lighting Fair (Autumn Edition) took place at the Hong Kong Convention and Exhibition Centre (HKCEC) from 26th to 30th October.

The four shows attracted more than 77,000 buyers from 148 countries and regions – representing a 5.6 percent year-on-year increase.

Benjamin Chau, Deputy Executive Director, HKTDC, said, “We saw vibrant business momentum at the fairgrounds, which is an indication of optimism about market prospects. As users become more conscious of environmental protection, and companies place greater emphasis on energy-efficient and socially responsible strategies, the potential for green business is vast, and eco products emerged as a highlight of the fairs.”

He added, “Exhibitors and buyers from around the world can make full use of the HKTDC’s one-stop, large-scale, cross industry sourcing platform to develop new markets.”

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MGM Resorts is committed to fostering an inclusive and diverse culture, not just among employees and guests but also within its supply chain. The company prioritizes procuring goods and services from businesses owned by minorities, women, veterans, people with disabilities, LGBTQ individuals and those facing economic disadvantages. This commitment is integral to MGM Resorts' global procurement strategy.    Through its voluntary supplier diversity program, MGM Resorts actively identifies and connects certified diverse-owned suppliers to opportunities within its supply chain. The company is on track to spend at least 15% of its biddable procurement with diverse-owned businesses by 2025, demonstrating that supplier diversity is not only a social responsibility but also a strategic business imperative.    Supplier diversity isn’t just the right thing to do – it’s good for business. A diverse supply chain allows access to a broader range of perspectives and experience, helping to drive innovation, entrepreneurship and resilience, while strengthening communities. At MGM Resorts, engaging diverse suppliers ensures best-in-class experiences for guests and clients. Supplier diversity ensures a more resilient supply chain while supporting economic development in the communities in which it operates.   The impact of MGM Resorts' supplier diversity initiatives is significant. In 2023, these efforts supported over 3,500 jobs across more than 30 states, contributed over $214 million in income for diverse-owned businesses and generated more than $62 million in tax revenue. The story extends beyond the numbers – it reflects the tangible benefits brought to small and diverse-owned businesses, fostering economic empowerment in their communities.    MGM Resorts also supports the development and business skills of diverse-owned businesses through investment, mentorship and education. Through the MGM Resorts Supplier Diversity Mentorship Program, the company identifies, mentors and develops diverse-owned businesses to fill its future pipeline, while providing businesses with tools and resources to empower and uplift. Since 2017, the program has successfully graduated 105 diverse-owned businesses and is on track to achieve its goal of 150 graduates by 2025.     MGM Resorts’ commitment to supplier diversity not only enhances its business operations but also plays a crucial role in uplifting communities and fostering economic development. This approach reinforces the idea that diversity is a powerful driver of innovation and resilience, benefiting both the company and the wider community.