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Big Four (PdS)

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 dez25 Macau Chief Executive Sam Hou Fai underscores the importance of four new infrastructure projects and two government-led funds in driving the city’s economic diversification in his latest Policy Address, as uncertainty continues to weigh on the local economy By Tony Lai MOP236 billion – Government’s estimate of 2026 gross gaming revenue The ongoing development of four major infrastructure projects, the launch of two new overseas trade and tourism offices, a sweeping administrative overhaul, and targeted measures to stabilise the struggling property market were among the key highlights of Macau Chief Executive Sam Hou Fai’s second Policy Address. Much like his inaugural policy blueprint delivered earlier this year, the latest address made only passing reference to Macau’s gaming industry, aside from reiterating the government’s commitment to ensuring its healthy, lawful, and orderly development to support local livelihoods and small-and medium-sized enterprises (SMEs). “Econom...

Taipa’s sports stadium to gain multi‑purpose facility (Não é um dos quatro)

 nov25 Taipa’s Olympic Sports Centre Stadium is on course to be fitted with a new multi‑purpose facility, with a plan to repurpose its car park. The redevelopment plan was unveiled by Secretary for Social Affairs and Culture O Lam on Friday as she exchanged ideas with legislators about her 2026 action plan. O told the Legislative Assembly session that this new addition would be used mainly for trending or emerging sports. This plan is part of a drive by Macau authorities to encourage mass participation in sports. According to the Public Works Bureau, at least three major undertakings are afoot. The former Canidrome racetrack is currently being transformed into a 40,425‑square‑metre sporting park. This park consists of four sections and an oval track. This project has so far seen MOP1.37 billion (US$170 million) spent. Another project, involving two buildings dedicated to athlete training and coaching, is also underway on a 10,388‑square‑metre land parcel. Its investment has reached...

Four new flagship projects crucial for diversification, resident employment – Secretary for Social Affairs

 nov25 Macau’s Secretary for Social Affairs and Culture, O Lam, on Friday outlined an expanded policy blueprint for 2026, promising stronger social protections, deeper investment in youth and talent development, and highlighting the importance of the four flagship construction projects recently announced. O Lam said the coming year would be “crucial” as Macau aligns its development with China’s 15th Five-Year Plan and steps up efforts to diversify its casino-dependent economy. Her bureau, she added, would work to build a Macau that is “dynamic, cultural and happy,” closely following national strategies and the priorities set by Chief Executive Ho Iat Seng. A central pillar of her agenda is the acceleration of four flagship construction projects recently announced by Chief Executive Sam Hou Fai: the Macau International Integrated Tourism and Cultural Zone, the Macau Science and Technology Research and Development Industrial Park, the Macau International Aviation Hub for the Pearl Ri...

Gov’t-led tech park taps Beijing research institute for planning

 nov25 T he Macau Science and Technology Research and Development Industrial Park held a public consultation session yesterday, where it was noted that, although the project is government-led, a specialized feasibility study has been entrusted to an industrial design research institute from Beijing. The project is one of the “four major projects” proposed by the current government. Secretary for Economy and Finance Anton Tai previously revealed that the initial preliminary site selection is located opposite the local airport in Taipa, with a second option in Zone E1 on the right side of the Macau Bridge. The park aims to leverage the scientific research foundation developed in Macau over the past two decades, focusing on key areas such as integrated circuits, biopharmaceuticals, aerospace technology, and digital technology. Notably, according to the government’s earlier announcement, the Macau International Integrated Tourism and Cultural Zone – one of the four major projects – was...

New tech park to focus on four key sectors across two strategic sites

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fev26 17 Feb 2026 Macau to launch tech industry centre in Q2: Tai By  Tony Lai The Macau International Science and Technology Industry Centre, a pilot project under the city’s broader push to diversify its economy, is set to become operational in the second quarter of 2026, according to Secretary for Economy and Finance Tai Kin Ip. Tai made the announcement on Tuesday in a pre-recorded Chinese New Year message broadcast by public broadcaster TDM. “As a pioneering project, the Macau International Science and Technology Industry Centre is scheduled to commence operations in the second quarter of this year. Investment promotion efforts are progressing smoothly,” Tai said. The centre, covering about 2,000 square metres, will be housed at the former Macau Young Entrepreneur Incubation Centre in the NAPE district. A specialised operations and investment team has already been assembled and has conducted site visits across mainland China, particularly in the Yangtze River Delta and the Gua...