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Showing posts from June, 2025

49 investment projects report zero execution rate in Q1

 jun25 https://macaudailytimes.com.mo/49-investment-projects-report-zero-execution-rate-in-q1.html

major sports park Canidromo

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nov25 Citizens’ sports park project awarded for MOP1.34 billion  -  Thursday, November 27, 2025 - 1 day ago  No Comments  1,755 Views The first phase of the Citizens’ Sports Park project on the former Yat Yuen Canidrome site opened for public tender in July, with the Public Works Bureau (DSOP) announcing the project was awarded for MOP1.34 billion and a construction period of 964 working days. Covering 40,425 square meters, Phase 1 includes demolishing existing structures and building Pavilions 1 through 3, which will feature a swimming pool, skateboarding area, rock-climbing facility, children’s bicycle track, various ball sports facilities, and an outdoor activity area, along with an underground parking garage for cars and motorcycles. https://macaudailytimes.com.mo/citizens-sports-park-project-awarded-for-mop1-34-billion.html nov25 The Macao SAR Government will develop a large-scale public sports park on the site of the former Macau Yat Yuen Canidrome greyhound ra...

Make or break? (GERAL)

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 jun25 Macau Chief Executive Sam Hou Fai has unveiled four major infrastructure projects aimed at driving the city’s long-promised economic diversification. While some hail them as potential “icebreakers” on the SAR’s path to a new development model, others question whether these ambitious plans risk becoming costly white elephant https://www.macaubusiness.com/make-or-break/s By Tony Lai As the Macau government, under Chief Executive Sam Hou Fai, continues to warn of economic headwinds – amid subdued tourist spending and a tense geopolitical landscape – it has unveiled an ambitious plan to invest more than MOP40 billion (US$5 billion) over the coming years in four major infrastructure projects. The initiatives – including a cross-border university town, the expansion of Macau International Airport, a new international tourism and cultural zone, and a technology and science industrial park – are envisioned to drive the city’s long-term growth and accelerate economic diversification ...