Since the academic year of 2006/07, Venetian Cotai Limited supports the Institute For Tourism Studies by establishing the “Venetian Cotai Scholarship”, which reward students who participate in overseas exchange programmes with excellent academic achievements. This year, the cheque presentation ceremony was held on 30 October at IFT. Mr. Timothy Chan, Executive Director of Human Resources of the Venetian Macau Limited presented the cheque to President of IFT, Dr. Fanny Vong, while the scholarship will be presented to 5 outstanding local students at the graduation ceremony on 4 November. Being one of the large enterprises operating in the comprehensive entertainment complex, Venetian Cotai Limited does not only invest remarkably in various projects but also offer copious employment opportunities and contribute to the development of Macao’s tourism industry. Through offering the scholarship to IFT, Venetian Cotai Limited is pleased to affirm the students for their efforts and encourage more students to participate in the overseas exchange programme. It also hopes to forge the future tourism professionals through supporting the higher education in Macao. IFT is grateful for the continued sponsorship of the Venetian Cotai Limited. For many years, IFT was supported by various associations, individuals and corporations to grant a wide range of scholarships to over 60 distinguished students. IFT anticipates that, with the establishments of various scholarships, students are encouraged to learn and achieve higher academic goals, to be prepared for their future responsibilities in the tourism industry. IFT has been actively developing student exchange programmes with global higher education organisations, to expose both teachers and students to academic exchange opportunities. At the same time, IFT strives to expand and maintain cooperative relationship with the tourism industry to provide more internship opportunities to students and to meet the demands of human resources in the industry.