Macau shifts old-district revitalisation planning to social associations
Macau will adopt a model in which the government coordinates old-district revitalisation, gaming concessionaires provide resources and registered social associations plan events, Secretary for Economy and Finance Tai Kin Ip said. The approach is due to begin this year or next and replaces plans drawn up under the concessionaires’ non-gaming investment requirements.
Concessionaires’ roles in Macau’s non-gaming investment commitments will be implemented under a revised coordination model.