From January to September this year, the Cultural Industries Fund (FIC) granted a total of 124 million patacas in financial support, FIC Administration Council member Davina Chu Miu Lai said yesterday.
Chu made the remarks at a press conference about the fund’s financial support in the first nine months of the year, at the Macau Art Garden in Avenida do Dr. Rodrigo Rodrigues.
According to Chu, of the 62 projects the fund received this year for financial support until last Saturday, 53 were approved while nine were turned down, resulting in an approval rate of 85 percent.
Cultural Industries Fund (FIC) Administration Council member Davina Chu Miu Lai, speaks to reporters yesterday during a press conference of the fund at the Macau Art Garden in Avenida do Dr. Rodrigo Rodrigues. Photo: Joel Chu