Around 4,000 two-bedroom and three-bedroom units will be available to qualified buyers, with an estimated price of 33,480 patacas per square metre.
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The launch of the Macao Centre for Research and Development in Advanced Materials has been described as a research milestone for the territory.
But activists say the government is not acting fast enough, or aggressively enough, to restrict the import of single-use plastics, given that the city generates more municipal waste than its neighbours.
Although Lisbon is moving to scrap residency rights for buyers of real estate, it is continuing to permit them for other kinds of investors.
When complete, the 1000-bed facility will aim to make breakthroughs in the treatment of disease, new medicines and medical manufacturing.
The head of a local civil servants association says official inflation figures, which are very low, are not an accurate reflection of actual price hikes.
In spite of international criticism of Macao’s labour rights, a draft of the territory’s first trades union bill aims to keep worker organisations on a tight leash.
Macao’s major competitor has shaken off the pandemic blues and signed up several global and regional meetings and exhibitions for the coming year.
The Brazilian plane maker had been widely expected to pick up new China business since the Brazilian president’s state visit in April.