Top officials lay out wide-ranging road map for the city’s future development and economic diversification.
Guangdong-Macao In-depth Cooperation Zone
Ho Iat Seng points to signs of gradual recovery, undertakes to make progress in developing big health, modern finance and other new industries.
Inducements include subsidies for investors and rewards for highly qualified young workers; plans for convention and exhibition centre also mooted.
Raft of handouts includes up to RMB 12,000 a month for employees and one-time RMB 50,000 subsidy for new businesses.
Central government gives Macao the green light for quarantine-free travel between Macao and Hong Kong, new developments to be announced soon.
In-depth cooperation zone expected to absorb Macao’s practices in marriage, inheritance, company establishment and trade-related legal matters.
New RMB 597 million customs facilities should be finished by June 2022 and will be an integral part of easing trade between Macao and the mainland.
Casino boss praises developments in Hengqin and applauds near 100% vaccination rate among staff.
Net interest income soars by 76% year-on-year in first nine months of 2021, contributing to Macao’s economic diversification.
