Wynn Deepens Support of Teaching, Research and Academic Development at the University of Macau
Donation fosters local talents and further strengthens educational institutions in Macau
Macau, August 29, 2019 – Wynn Resorts (Macau) S.A. recently made a donation of MOP 80 million to the University of Macau Development Foundation (UMDF), supporting the educational development of the University of Macau (UM) and its Asia-Pacific Academy of Economics and Management (APAEM), representing one of its most far-reaching corporate social responsibility initiatives.
The cheque presentation ceremony took place at Wynn Palace. Ms. Linda Chen, President and Executive Director of Wynn Resorts (Macau) S.A. and Vice Chairman and Executive Director of Wynn Macau, Limited, and Mr. Ian Michael Coughlan, President of Wynn Macau, Limited presented the cheque to the UMDF, which was received by Dr. Lam Kam Seng Peter, University Council Chair / Chair of the Trustees Committee of UMDF, and Prof. Yonghua Song, UM Rector / Vice Chair of the Executive Committee of UMDF. The event was also graced by the presence of Prof. Jean Jinghan Chen, Dean of the Faculty of Business Administration of UM, Ms. Cindy Yuk Yee Lam, Director of the Global Affairs Office of UM, and Ms. Katharine Liu, Senior Vice President of Communications of Wynn Macau and Wynn Palace.
Wynn has always emphasized the development and nurturing of local talents. Through various initiatives, including sponsoring a number of scholarships at education institutions in Macau, Wynn provides development opportunities for young people to help unleash their potential and succeed in today's rapidly changing society. As the cradle cultivating Macau's leadership talents, the University of Macau covers three areas of work including education, community service and research. Wynn hopes to foster the development of Macau's higher education sector through donations and so cultivate more high-quality and competitive talents with a sense of international perspective, lay a solid foundation for improving local education and talent cultivation in the long-term, and contribute to the basic research and international exchange at the University of Macau. In addition, the APAEM of the University of Macau regularly organizes international conferences and academic seminars on different topics, which promotes cooperation among many more business leaders, industry professionals and scholars. The APAEM also conducts in-depth research on various aspects, including many socio-economic issues, continually contributing to the development of Macau and the Asia-Pacific region, as well as supporting China's Belt and Road Initiative and the development of the Guangdong-Hong Kong-Macau Greater Bay Area.
The donation is part of the ongoing commitment made by Wynn Resorts (Macau) S.A. to the UMDF in 2011. This continuous support has allowed the APAEM to garner solid support from a strong teaching and advisory team made up of well-known scholars, including three Nobel Prize laureates who serve on its Honorary Advisory Board, enabling the academy to conduct independent and groundbreaking research. Its goal is to establish a world-class research and advisory hub to develop regional policies and nurture the new generation of leaders for the Greater Bay Area and the wider region.