The Macau Productivity and Technology Transfer Centre (CPTTM) – a semi-government entity – yesterday announced details of a scheme to subsidise small- and medium-sized enterprises (SMEs) for the installation of flood gates and water pumps in their shops in the city’s low-lying areas.
The subsidy scheme, which also includes technological assistance, aims to reduce the damage and losses that business owners suffer if flooding hits their neighbourhoods.
Business owners can apply for the subsidy for the installation of flood gates and water pumps at the same time, but cannot only apply for water pumps.
Macau Productivity and Technology Transfer Centre (CPTTM) Director General Shuen Ka Hung (second from right on front table) speaks during yesterday’s press conference about the government’s flood gate and water pump installation subsidy scheme, as CPTTM Senior Manager Jack Chang (first right), Yau Yun Wah (second from left), who heads the Economic Activities Development Department of the Economic Services Bureau (DSE), and Macau Institution of Electrical and Mechanical Engineers Chairman Kuong Wai Man look on, at CPTTM’s office in Zape. Photo: GCS