Second 'Macao Technological Innovation Exploration in Lisbon' a Success

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Sands China (NYSE:LVS) and the Macao Economic and Technological Development Bureau jointly led a five-day Macao Technological Innovation Exploration in Lisbon from Nov 10–14, 2025, supported by the Macao Science and Technology Development Fund and coordinated by the Sands Resorts Incubation Centre. A 38-member delegation from 25 DSEDT-certified Macao enterprises and incubated startups attended the Web Summit and a Technology Business Networking Forum to exchange ideas with Portuguese partners, explore AI, robotics and tourism+technology applications, and pursue cross-border cooperation and foreign investment opportunities.

The visit included panel sessions, company visits, a Concrete Opportunities Workshop, and engagement with AICEP to promote Macao as a tech gateway between China and Portuguese-speaking countries.

Macao's science and tech innovation enterprises deepen global integration and strengthen international ties

MACAO, Nov. 24, 2025 /PRNewswire/ -- Jointly organised by Sands China and the Macao Economic and Technological Development Bureau (DSEDT), the five-day Macao Technological Innovation Exploration in Lisbon has successfully concluded. Supported by the Macao Science and Technology Development Fund (FDCT), and coordinated by the Sands Resorts Incubation Centre, the Nov. 10-14 trip was aimed at promoting the long-term growth of Macao's technological innovation industry and fostering industry exchange between Macao and Portugal through a variety of activities and opportunities.

The trip's 38-member delegation comprised representatives from 25 DSEDT-certified Macao enterprises, Macao startups incubated within the National Co-working Space scheme, and the organising entities. The visit gave all a valuable opportunity to gain exposure to emerging trends, technologies and industry insights, to exchange ideas with industry pioneers, and to explore how Lisbon's tech and innovation ecosystem can benefit the integrated resort and technology industries in Macao, yielding fruitful results.

"Last year's inaugural trip to Lisbon was widely acclaimed," said Grant Chum, chief executive officer and executive director of Sands China Ltd. "This year, the five-day trip returned with even greater impact, providing a forward-looking international platform for a new cohort of Macao enterprises to broaden their horizons. It injected fresh momentum into innovation while establishing meaningful connections with Lisbon companies and achieving tangible outcomes. Renowned as an annual global technology event, the Web Summit was one of the highlights of this trip. This year, the summit drew more than 71,000 visitors from 157 countries, demonstrating its global influence and giving delegates an opportunity to gain knowledge of advanced technology and forge connections with their counterparts.

"Our gratitude goes to the Macao Economic and Technological Development Bureau and the Macao Science and Technology Development Fund for their collaboration and support to make this trip possible. Looking ahead, we will continue leveraging our Sands Resorts Incubation Centre to align with the Macao SAR government's policies and direction in promoting 'tourism + technology' and capitalise on Macao's role as a platform between China and Portuguese-speaking countries to contribute to the city's diversified economic development."

The Macao Economic and Technological Development Bureau said in a written statement: "As an important gateway for China's opening up to the world, Macao enjoys unique advantages including the 'One Country, Two Systems' framework, free-port status, a separate customs territory, free flow of capital and information, and close ties with Portuguese-speaking countries. Macao's technology research industrial park currently under planning will be positioned as a launchpad for the Chinese mainland's high-quality tech enterprises to expand overseas, a service hub for cutting-edge international tech projects to establish a presence, and a local base for integration of industry, academia, and research. This will further enhance Macao's own capacity for technological innovation and accelerate its economic transformation and upgrading through innovation-driven development.

"This delegation visit serves as a two-way platform. On one hand, it enables Macao's tech enterprises to directly understand the latest innovation trends in Portugal and Europe, broadening their international perspective; on the other hand, it fosters deep cooperation with Portuguese-speaking countries and the global industry. Through on-site exchanges, Macao enterprises are encouraged to refine their research and development direction, allowing outstanding projects to bring in foreign investment and go global via Macao, helping the city become a key hub for the convergence of domestic and international technological resources."

The itinerary began with the Web Summit, the world's largest technology conference, held annually in Lisbon to bring together the world's leading experts, innovators, business executives and investors. The Macao delegation attended keynote speeches, masterclass sharing sessions, and forums on artificial intelligence and robotics, exploring cutting-edge technologies and industry applications and connecting with global tech leaders in the process.

A Technology Business Networking Forum hosted by Sands China promoted cooperation and innovation within the technology industry, connecting Macao enterprises with each other and their industry counterparts in Lisbon. The curated networking event featured presentations, panel discussions, and a networking dinner. By sharing experiences, discussing trends and showcasing technologies, it provided a communication platform for delegates to expand their networks and find potential cooperation opportunities.

The nine-panellist forum was composed of four Portuguese enterprises and five tech companies from Macao. Among them were Macao enterprises Vastcom and AKL, who had both participated in last year's inaugural Lisbon trip; they joined a panel discussion with Rui Falcão, co-founder and CEO of COREangels, to share their experiences and achievements. Additionally, three Macao companies and two from Portugal gave presentations that showcased their business models, opening up opportunities for collaboration.

Paulo Rios de Oliveira, executive board member of the Portuguese Trade and Investment Agency (AICEP), attended the forum and expressed strong support: "I am pleased to join you on behalf of AICEP and to contribute to this shared effort of building bridges and creating opportunities for innovation and business partnership. This forum reflects a common purpose – to strengthen ties, to promote technological development, and to generate value for our companies and communities. Portugal and China share a long history of exchange and mutual understanding. This commitment was reaffirmed recently during the visit of the Portuguese prime minister to China, including to Macao, where cooperation in innovation, advanced industries and sustainable development was highlighted as a shared strategic priority. Macao continues to play a unique role as a bridge of trust, connecting Portugal, China and the Portuguese-speaking world. This bridge is not only cultural. It is institutional and economical, and it provides a strong basis for collaboration growing forward."

The delegation made structured visits to Portuguese enterprises, where they gained an in-depth understanding of innovative models and practical experiences, established connections, and promoted exchange and cooperation:

• Bhout – Developer of a smart punching bag powered by AI and real-time performance analytics, creating gamified fitness experiences for gyms, hotels, and cooperations.
• Lipolis – Lisbon's innovation hub supporting startups and established companies in technology and health sectors with programmes for business acceleration, training, and networking.

Finally, Sands China hosted a Concrete Opportunities Workshop, engaging all delegates in collaborative discussions on opportunities for innovation. It featured Manuel Tanger, faculty member in Disruption, Innovation and Entrepreneurship at Singularity University Portugal. He introduced the innovation landscape in Lisbon, provided insights on working with startups, and guided participants on a collaborative exploration to map out innovation opportunities and determine next steps.

The Macao Technological Innovation Exploration in Lisbon is part of Sands China's support of the Macao SAR government's promotion of the long-term and sustainable development of smart tourism and high-tech industries. A total of 42 local enterprises have gone to Portugal on the 2024 and 2025 tours. Through such initiatives, Sands China hopes to further integrate tourism and modern technology by supporting the research and development of new high-tech local products, in contribution to Macao's development as a world centre of tourism and leisure.

About Sands China Ltd.

Sands China Ltd. (Sands China or the Company) is incorporated in the Cayman Islands with limited liability and is listed on The Stock Exchange of Hong Kong Limited (HKEx: 1928). Sands China is the largest operator of integrated resorts in Macao. The Company's integrated resorts on the Cotai Strip comprise The Venetian^® Macao, The Plaza^® Macao, The Parisian^® Macao and The Londoner Macao^®. The Company also owns and operates Sands^® Macao on the Macao peninsula. The Company's portfolio features a diversified mix of leisure and business attractions and transportation operations, including large meeting and convention facilities; a wide range of restaurants; shopping malls; world-class entertainment at The Venetian Arena, The Londoner Arena, The Venetian Theatre, The Parisian Theatre, the Londoner Theatre and the Sands Theatre; and a high-speed Cotai Water Jet ferry service between Hong Kong and Macao. The Company's Cotai Strip portfolio has the goal of contributing to Macao's transformation into a world centre of tourism and leisure. Sands China is a subsidiary of global resort developer Las Vegas Sands Corp. (NYSE: LVS).

For more information, please visit www.sandschina.com.

Media contacts:

Corporate Communications, Sands China Ltd.
Mabel Wu
Tel: +853 8118 2268
Email: mabel.wu@sands.com.mo 

Jesse Chiang
Tel: +853 8118 2054
Email: jesse.chiang@sands.com.mo

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SOURCE Sands China Ltd.

FAQ

What did Sands China (LVS) announce about the Macao Lisbon tech delegation on November 24, 2025?

Sands China announced a successful five-day Macao Technological Innovation Exploration in Lisbon held Nov 10–14, 2025, with a 38-member delegation from 25 Macao enterprises.

How many Macao companies attended the Nov 2025 Lisbon trip supported by FDCT?

A 38-member delegation comprised representatives from 25 DSEDT-certified Macao enterprises and incubated startups.

What major event did the Macao delegation attend during the Nov 10–14, 2025 Lisbon visit?

The delegation attended the Web Summit, which drew over 71,000 visitors and featured sessions on AI and robotics.

What were the main activities for Macao enterprises during the Lisbon trip?

Activities included keynote sessions, a Technology Business Networking Forum, nine-panel discussions, Portuguese company visits, and a Concrete Opportunities Workshop.

How does Sands China say the Lisbon trip supports Macao's economic strategy (LVS)?

Sands China said the trip advances its Sands Resorts Incubation Centre goals to promote tourism + technology and help position Macao as a gateway linking China and Portuguese-speaking countries.

Which Portuguese agency engaged with the Macao delegation in November 2025 and what was its role?

The Portuguese Trade and Investment Agency (AICEP) engaged with the delegation and expressed support for building innovation partnerships and cross-border cooperation.