Non-gaming should become Macau’s new economic pillar – IAG

Printer friendly, PDF and email

Economy and Finance Minister Lei Wai Nong said on Wednesday that the non-gambling offerings of Macau’s integrated resorts should constitute another key sector of the SAR’s economic development in the coming decade, and that Macau should enhance its image as a ” gambling” should be abolished. city”.

Macau held a question-and-answer session to the secretary’s policy speech on Wednesday, where a number of lawmakers expressed concern over the gambling industry’s ongoing battle. Lei responded that the government had asked bidders to exploit non-gaming elements in the future because the community needed new economic sectors.

“In the next 10 years, the non-gaming elements should constitute another sector of Macau’s economic development, so the non-gaming element and the gaming element should become two important economic pillars of Macau in the future” , he said.

“The development of the gaming industry over the past 20 years has given tourists the impression that Macau is a gambling city. We need to change the image of Macau as a gambling city, which is why the SAR government is very concerned about non-gaming elements, because we need to improve Macau’s positioning as an integrated tourism and leisure center, otherwise tourists will only be in the single source in the future, and we will not be able to compete with neighboring regions.”

A member of the Legislative Assembly asked Lei about the revitalization of Macau’s communities. In response, Lei cited the case of Las Vegas, where some areas of the city suffered a decline as the Las Vegas Strip grew.

“It is not the desire of the people of Macau, nor the policy of the Macau government, that only the Cotai Strip prosper while the community dies,” he said.

“The government of Macau should change the image of the game industry, as Macau has culture and other tourist facilities.”

Leave a Comment