How the MICE industry can help a country and its economy ?

Now that we all have an idea about how the MICE industry can help a country and its economy grow by increasing revenue and creating  job opportunities let’s see another benefit we can derive from the MICE industry.

MICE creates an opportunity to meet the best professionals in a particular around the world and make use of the best infrastructure or resources around the world. When an international convention takes place in a country the participants of that convention are very lucky because this does not only benefit in economic terms but it also helps in knowledge transfer and technology transfer. Countries compete and invest so much to seal the deal with an international conference. When asked if they do this for the money they earn, they simply smile and say that nothing can be compared to the knowledge that one can get from these conventions.

Therefore, MICE is also a platform for knowledge transfer.

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