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Old March 15th, 2014, 08:21 PM   #361
el palmesano
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whta about restoration of old buildings??
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Old March 16th, 2014, 12:51 PM   #362
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Quote:
Originally Posted by el palmesano View Post
whta about restoration of old buildings??
The historic city centre is a UNESCO World Heritage Site and is protected. Don't think there are major restoration projects happening within the city centre at this point, or do you have a project in mind?
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Old March 17th, 2014, 01:30 AM   #363
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No, I just ask because I saw those pictures, and lot of those buildings are not colonial buildings, but are buildings from begining of the centrury that should be restored...

http://www.skyscrapercity.com/showth...#post110956351
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Old March 17th, 2014, 08:08 PM   #364
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Quote:
Originally Posted by el palmesano View Post
No, I just ask because I saw those pictures, and lot of those buildings are not colonial buildings, but are buildings from begining of the centrury that should be restored...

http://www.skyscrapercity.com/showth...#post110956351
A lot of those are in the historic city centre and have been preserved. They are still functional structures. Some are museums and there is even a post office in one.
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Old March 20th, 2014, 06:06 PM   #365
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Galaxy plans Hengqin resort expansion
The Standard
Thursday, March 20, 2014

Galaxy Entertainment Group (0027) yesterday said it has reserved 10 billion yuan (HK$12.53 billion) to invest in a high-end resort project in Hengqin, after reporting its annual results had missed estimates.

Deputy chairman Francis Lui Yiu-tung said a non-gaming resort will be developed on a 2.7-square-kilometer site in the southwest of Hengqin, an island in Guangdong, next to Macau.

"The resort enjoys a 2.5-kilometer-long coastline, which will make it suitable for some casual activities and Maldives-style facilities. Hopefully, it can be opened when the Hong Kong-Zhuhai- Macao Bridge commences operation," Lui said.

The Macau casino operator's net profit rose 36 percent to HK$10.1 billion last year from 2012. But this was lower than market expectations. Revenue gained 16 percent to HK$66 billion. Adjusted earnings before interest, taxes, depreciation and amortization jumped 28 percent to HK$12.6 billion.

For the first time, it proposed a special dividend of 70 HK cents a share. "The group can afford the dividend, thanks to good performance by Galaxy Macau and StarWorld Macau. As for the future payout ratio, the group has to be cautious. But the special dividend is a good start," said Lui.

VIP turnover at Galaxy Macau rose 11 percent to HK$774.1 billion in 2013. Mass-gaming revenue climbed 44 percent to HK$10.5 billion in the period.

Lui said the VIP turnover grew slower than the mass-gaming sector and the number of mid-class gamblers hailing from the mainland is growing fast.

Phase 2 of Galaxy Macau is set to be completed by mid-2015. Lui said the development plan will not be affected by the renewal of the Macau gaming licence. Its shares fell 2.8 percent to HK$72 yesterday after the results came out.

Chairman Lui Che-woo said people in Hong Kong and Macau hold different views toward mainland visitors. But he hopes Hongkongers can be reasonable and friendly with mainlanders.
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Old March 21st, 2014, 05:12 PM   #366
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New Macau casinos have luck of the draw in second expansion phase

MACAU, March 12 (Reuters) - Galaxy Entertainment Group Ltd and Melco Crown Entertainment Ltd look best placed to benefit from the next phase of Macau's development as the world's gambling capital adds eight more mega-casinos by 2017.

The expansion will take place in the Chinese territory's glitzy Cotai Strip and is expected to more than double Macau's annual gaming revenues to $115 billion in four years, according to research from U.S. brokerage Wells Fargo.

Cotai is an area of reclaimed land that is becoming a Las Vegas-style tourist hub with shopping centres, hotels and entertainment to complement the casinos.

U.S. billionaire Sheldon Adelson's Las Vegas Sands Corp was the strip's pioneer, setting up the Venetian casino there in 2007. Adelson's Hong Kong-listed Sands China Ltd is set to open its final casino planned for Macau at the end of 2015 in Cotai, but for Melco and Galaxy, their growth in the area is just beginning.

Galaxy and Melco's casinos will be the first properties to open in the second expansion phase starting early-2015.

That puts them ahead of peers like MGM China and Wynn Macau in the race for dealers and gaming tables, which are both in short supply. MGM and Wynn are also planning to open casinos in Cotai, but at a later date.

Galaxy, owned by Hong Kong construction tycoon Lui Che Woo, has the largest plot of land on Cotai and will still have half the area left to build on after its new resort opens next year.

Sands, in contrast, will use up the last of its Macau land for its Parisian complex, slated to open at the end of 2015.

"Sands has had a great run here with the last property to open...Clearly from the beginning of next year it is going to get tougher from a competitive standpoint," said Philip Tulk, who tracks gaming companies at Standard Chartered in Hong Kong.

Adelson, in an email to Reuters, brushed aside the competition, saying Sands China was still the dominant player in Cotai, a strip he said he created.

"I was the visionary," Adelson said of Cotai. "I filled in the swamp and the bay, and was the first company to build there."

"There is not enough land left anywhere in Cotai to catch up to the number of hotel rooms that SCL (Sands China Limited) has. Galaxy doesn't have enough land to even equal our Sands Cotai Central, which has 6,000 rooms."

DIMINISHING RETURNS

Macau, one of the world's fastest growing economies for the last three years, is the only place in China where citizens can legally gamble in casinos. Located on China's southern coast, Macau gaming revenues last year were nearly three times greater than Las Vegas, Australia and Singapore combined.

Some 29 million people visited the semi-autonomous zone in 2013, and new rail and bridge connections to Hong Kong and mainland China are expected to increase those numbers. New hotel rooms opening by 2017 will double current capacity.

The bulk of Macau's 35 existing casinos lie on the former Portuguese colony's tiny peninsula, whose skyline was dominated for years by the fluorescent, onion-shaped casino of SJM Holdings Ltd, owned by the family of Macau kingpin Stanley Ho. Lack of space led developers to reclaim land for Cotai.

SJM and Sands dominate the gambling scene in Macau, together accounting for nearly half of total gaming revenues that stood at $4.8 billion in February.

But competition is expected to heat up as other casino operators expand their portfolios, potentially crimping profits.

"I would not expect the share price performance to be comparable with last year but I would still foresee there would be a decent amount of growth," said Victor Yip, gaming analyst at UOB Kay Hian in Hong Kong.

With four Macau properties, Sands China raked in more revenue last year than all of the Las Vegas strip. Its shares have surged more than six-fold from their IPO price in 2009 and doubled since the last big casino opening in 2012.

While all operators in Macau are blessed with surging demand, analysts have become more selective as gaming revenue growth starts to mature.

Sands, which has more hotel rooms than the other gaming operators combined, remains a popular pick with 22 of 25 analysts awarding it a "buy" or "strong buy" rating, according to Thomson Reuters data

Galaxy is slightly less popular among analysts due to a more expensive valuation, with 20 of 26 giving it a "buy" or "strong buy" rating. Its shares, however, have surged more than 350 percent since their launch in 2011, valuing it at $40 billion.

Several factors, however, clouding the outlook for all casino operators in Macau. Slowing economic and credit growth in China may pinch high-rollers and there is uncertainty over gaming license renewals due in 2020.

The labour market in Macau is also tight. Analysts estimate new casinos opening in 2015-2017 will require 12,600 new dealers, yet only about 700 are available per year. Macau laws dictate only locals can work as dealers, and the government is under pressure from residents who regularly take to the streets to ensure these restrictions remain.

Macau's government has also not confirmed how many new tables it will allow in the next phase of expansion for the Cotai Strip.

Casino operators, however, appear unfazed for now by these concerns, focusing instead on Macau's massive potential.
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Old March 29th, 2014, 07:59 PM   #367
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Galaxy targets China high-rollers with new casinos after bumper earnings

HONG KONG, March 19 (Reuters) - Macau casino operator Galaxy Entertainment Group Ltd looks set to build on last year's record earnings as it pencils in plans for glittering mega casinos and positions itself for the next wave of high-rollers from mainland China.

The company is also ploughing big money into a kids-friendly resort on a neighbouring island to attract Chinese families.

Hong Kong-listed Galaxy, the second-biggest gaming firm in Macau after Sands China Ltd, is launching its second phase of expansion since winning its first gaming concession in the former Portuguese colony more than a decade ago.


Macau, a special administrative region like nearby Hong Kong, is the only place in China where casino gambling is allowed. Located on China's southern coast, Macau's gaming revenues last year were nearly three times greater than Las Vegas, Australia and Singapore combined.

Galaxy, controlled by the family of Hong Kong construction tycoon Lui Che Woo, on Wednesday posted a 36 percent jump in 2013 net profit to HK$10.1 billion ($1.30 billion). The company also said it had HK$10.3 billion of cash on hand and was virtually debt-free as of the end of December.

A strong balance sheet will help Galaxy compete with MGM China Holdings Ltd and Steve Wynn's Wynn Macau Ltd as casino operators race to develop new properties to capture a larger slice of the Macau market, which raked in $45 billion in gaming revenue last year.

Galaxy is expected to launch a new casino in 2015, making it one of the first operators to open a new gambling property. Macau's second wave of casino expansion will see eight new mega properties by 2017.

Galaxy is armed with the biggest land bank on Macau's developing Las Vegas-style strip known as Cotai. The company's current casino on Cotai accounts for just 25 percent of its total allocated space.

Construction for its third and fourth phases is expected to begin at the end of this year with a budget of HK$50 billion-HK$60 billion.


HENGQIN RESORT

Galaxy is also set to build a 10 billion yuan ($1.6 billion) resort on neighbouring Hengqin island, an area three times the size of space-starved Macau. The resort will be located on the southwestern tip of the island.

While Hengqin authorities will not permit gambling, Macau casino operators have been keen to expand leisure facilities to help complement their gaming properties across the water.

"We hope to build an iconic product which is five-star and leverages on the coastline, on land, on sea to offer entertainment facilities," Deputy Chairman Francis Lui told reporters at an earnings briefing on Wednesday.

"We have a lot of flexibility with this project," he said, adding that there is no need to raise funds for the project.

Galaxy may look to build villas over water as seen in the Maldives.

Shares in Galaxy have surged 134 percent in the past year versus the benchmark Hang Seng Index which is down 2 percent in the same period.

Galaxy, a $40 billion company by market capitalisation, is the best performer among 52 top casino operators in the world on price performance, according to Thomson Reuters StarMine.

The stock ended 2.83 percent lower on Wednesday, after the earnings announcement. The Hang Seng fell 0.07 percent.

Galaxy said earnings before interest, taxes, depreciation and amortisation (EBITDA) rose 41 percent to HK$3.5 billion in the fourth quarter from a year earlier. That was about 4 percent below the average of analysts' estimates.
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Old March 30th, 2014, 08:39 AM   #368
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NEW HOTEL IN MACAU BY ZAHA HADID
http://aasarchitecture.org/2014/03/n...aha-hadid.html

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Old March 30th, 2014, 10:07 AM   #369
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Thought Norman Foster has come up with that lattice design before!
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Old March 30th, 2014, 12:18 PM   #370
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City of Dreams Hotel Tower | Zaha Hadid Architects
http://www.arch2o.com/city-of-dreams...id-architects/





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Old March 31st, 2014, 07:40 PM   #371
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Whoa!
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Old April 1st, 2014, 09:57 AM   #372
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wow!!!!!!!
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Old April 9th, 2014, 08:35 AM   #373
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More project information : http://www.zaha-hadid.com/architectu...r-cotai-macau/







40 floors, under construction to 2017
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Old April 9th, 2014, 08:34 PM   #374
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Old April 9th, 2014, 11:48 PM   #375
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ok she's gotta build that
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Old April 10th, 2014, 05:37 AM   #376
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Casino riches fuel Macau property 'bubble' forcing residents elsewhere

MACAU, April 7 (Reuters) - As the world's gambling capital Macau races to open more than 17,000 new hotel rooms over the next three years to keep pace with a flood of Chinese visitors, only about 4,000 affordable homes for locals are expected to be built in the same period.

With an average apartment costing more than $500,000, the Chinese special administrative region has emerged as one of the world's costliest places to buy property, outranking neighbouring Hong Kong, where prices are already among the most expensive in the world.

Prices in Macau are forecast to rise 10-20 percent this year and the situation looks set to worsen as Macau's new crop of mega resorts open.

For residents like taxi driver Dengbao Xian, soaring property prices mean the chance of owning a home in the former Portuguese colony looks impossible.

"Buying a flat? Not a chance, even if you work for your entire life," the 50 year-old lamented as he drove past the glitzy front of MGM's metallic hued casino tower.

Population growth in the tiny territory, one-third the size of Manhattan, is expected to jump 20 percent to 700,000 by 2016 according to government estimates.

"Four years ago you could buy a flat with 1 million patacas ($125,100). Now you can't even buy a parking space," said Cherrie Choi, a sales director at realtor Centaline Property.

Some residents are choosing to buy in Hong Kong where investment returns are twice that of Macau. Others are buying in neighbouring Chinese provinces and some, like many retirees, are giving up on the city and moving as far away as Thailand.

In March more than 400,000 people competed for 1,900 affordable housing units with locals lining up outside Macau's public housing bureau at 4 a.m., local media reported.

"It's really the biggest problem in Macau. Right now the rents and prices of flats have shot up way beyond people's financial capabilities," said lawmaker Jose Coutinho, who accuses the government of not doing enough to reverse the situation due to its ties with tycoon developers.

Property prices have more than tripled since 2009, according to data from the Macau government. The rise is in tandem with Macau's gaming revenues, which last year totalled $45 billion, nearly three times greater than Las Vegas, Australia and Singapore combined.

Macau's economy relies on the gaming industry with gaming taxes accounting for more than 80 percent of government revenues.

With unemployment at 1.7 percent, an estimated 40,000 new workers will be required as new properties open over the next three years, increasing demand for housing and exacerbating tension among protectionist labour unions worried about job security.

Macau laws dictate only locals can work as dealers, and the government is under pressure from residents who regularly take to the streets to ensure these restrictions remain.

Analysts estimate new casinos opening in 2015-2017 will require 12,600 new dealers, yet only about 700 are available per year.

A lack of a long-term plan for affordable housing is widening inequality say lawmakers and property consultants, to such a degree that even well-paid foreign executives in the casino industry are finding Macau prohibitively expensive.

"I have great empathy for the local Macau residents," said Linda Switzer, vice president of retail at MGM Macau, who explained her monthly rent has jumped from a low of 8,000 patacas ($1,000) to 33,000 patacas in the seven years she has lived in Macau.

Macau's government said it will continue to "be mindful" of outside economic changes impacting the local property market and deploy timely measures like increasing land supply and launching public housing depending on the situation.

Two of Macau's largest property developers, Shun Tak Holdings and Polytec Asset Holdings, declined to comment for the story.

For now, new housing developments are limited to the luxury segment with projects such as the Fountainside, featuring 3,000 square-foot villas and landscaped gardens, which are springing up across Macau's crammed peninsula to cater to wealthy buyers looking for a convenient place to park their gambling winnings.

With the majority of properties lying idle once purchased and a lack of affordable housing projects in the pipeline, locals are feeling increasingly marginalized.

"One of the sayings in Macau is that since I can't afford to buy a house, I might as well buy a car," said Macau-based political analyst Larry So.

($1 = 7.9910 Macau patacas)
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Old April 15th, 2014, 04:14 PM   #377
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Portuguese School stays at current location, undergoes renovation work
15/04/2014
Macau Daily Times



The issue has dragged on for many years, but a final decision has been made: the Portuguese School of Macau (EPM) will remain at its current location and will undergo renovation work, the Portuguese Minister of Education and Science, Mr Nuno Crato, confirmed yesterday.

Visiting Macau for the first time, the minister told reporters that the Portuguese government based the decision on students, families and professors’ stability.

Moreover, the school’s location allows the Portuguese presence to remain right in the center of the city.

“Our decision deserved the support of the Chief Executive, of the Portuguese School Foundation and the school’s board,” he said, adding that the current location gives families greater security, as the land was granted to the Association for Macanese Education (APIM), which integrates the school’s foundation.

Over recent years, several suggestions for the future of the school have emerged, with the possibility of relocating it to the former Hotel Estoril building in the Tap Seac area on the table. The gaming concessionaire, Sociedade de Jogos de Macau, even provided a donation of HKD65.5 million for the relocation.

Nuno Crato recognized that the current facilities are in need of improvement. He added that the MSAR government is willing to financially contribute to the renovation of the educational institution.

However, no calendar has been defined for now. The minister explained that, ideally, renovation works will need to be developed over the summer, when students are on holidays.

Asked if it would be possible to start working on the school’s renovation by this summer, Nuno Crato replied that it “would be good” but all entities involved need to work on the best possible plan.

“We need to have a plan for these renovation works, particularly a plan that does not interfere with classes and the school’s normal functioning. We first need to talk with parents and see what kind of improvements the school is lacking,” he said.

As the MSAR government has already agreed to provide funding, “there’s a dialogue process that needs to take place.”

With the decision to keep EPM’s current location, other questions arose, as the gaming concessionaire Sociedade de Jogos de Macau had donated a total of HKD65.5 million for the school’s relocation. Asked what has happened or what will be done with that amount of money, Nuno Crato stressed that, indeed, “there was a donation from SJM to the Portuguese School’s Foundation” and that there will be a “dialogue process” taking place to assess what could be done.

He added that this is not a problem and that soon the school’s foundation will conduct talks with SJM.

“[This donation] is in the foundation’s accounts and now we need to talk with SJM, because part of the donation was intended for the regular functioning of the school. We will see what can be done, but our decision has been made,” he assured.

Nuno Crato highlighted the role that EPM has played along the years, particularly in representing Portuguese presence and culture not only in Macau, but also across the globe.

In addition, he recognized the school’s quality too: EPM “has achieved a notable educational quality and it has had a presence right in the center of Macau, which is very important for all of us.”

Nuno Crato was visiting Macau for the first time. Speaking to reporters, he said he had enjoyed the food, and was particularly impressed with “the great respect people show toward the Portuguese culture.” The Portuguese Minister of Education and Science revealed that he will soon return to Macau, as this first visit was too short.

Lisbon willing to intensify scientific cooperation with UM

The Portuguese Minister of Education and Science, Mr Nuno Crato, has guaranteed that Portugal is committed to further developing its scientific collaboration with the University of Macau (UM), particularly following the establishment of a new campus on Hengqin Island.

In a short visit to the campus yesterday, Nuno Crato was impressed with how quickly the new facilities were built. He also expressed the will to maintain and further develop the current collaborations between Portugal’s educational institutions and UM.

“We are thinking of further developing our collaboration with the university. These are co-operations that already exist, for instance, with Instituto Superior Tecnico (IST) and the University of Coimbra and with several universities related to humanities and sciences,” he said, adding that a robotics lab he had the opportunity to visit has maintained a close relationship with a similar one in IST, in Lisbon.

Nuno Crato met with Portuguese teachers and visited scientific labs in the new campus.

Science is, indeed, an area in which he believes the relation between Portugal and the university could be furthered: “science is now being developed through international collaborations; science is an international project and, in this area, we see that Portugal and Macau are very much involved in scientific projects related to robotics and electronics (…)”
In addition, the Minister of Education and Science recalled that such co-operation between education institutions in Portugal and Macau goes beyond science and has also got a strong focus in the areas of history and law.

“We have built a relationship with the university at a high standard scientific and educational level, which of course pleases us,” he told reporters.
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Old April 23rd, 2014, 06:14 PM   #378
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MSAR asks Beijing for territorial waters and land from Hengqin
23/04/2014
Macau Daily Times



Chief Executive (CE) Chui Sai On has announced that the Macau government has officially put in an application for use of more land on neighboring Hengqin Island, as well as asking to be granted maritime authority similar to that which Hong Kong exercises over its nearby marine territory.

The announcements were made during yesterday’s Legislative Assembly (AL) plenary session where the CE joined lawmakers in order to answer their questions relating to government policies and Macau residents’ livelihood issues. Several AL members have asked the CE to detail the administration’s plan to tackle housing issues in the city.

“We have officially submitted the request for the administrative rights of Macau’s sea territory. Everybody knows that Macau has not had the right since the handover. After the hard work of the Macau delegates of the National People’s Congress these last two years, and their close collaboration with the MSAR government, [the Macau government] has already applied for [administrative rights to] the maritime territory. It is a very precious resource for us,” Chui Sai On explained.

He broke this news while answering lawmaker Ho Ion Sang’s question relating to Macau’s housing issue. Ho pointed out that the authority had failed to provide enough accommodation for residents, which has resulted in a situation where there are more than 40,000 applications for around 1,900 multi-bedroom affordable housing units. Measures such as special stamp duty (SSD) are also unable to curb housing prices, because there are no other effective measures to follow. He suggested that residents are waiting for the government to resolve the housing problem, and asked the CE what kind of tangible policies he would introduce in order to respond to their needs.

Chui Sai On stressed that it is pivotal to increase the supply of land for Macau’s use. “I would like to share [the administration’s] opinion regarding land supply. We would like to [boost the supply] in several ways. First, we have been in the process [of handling] some idle lands in the hope of building public housing on them, after reclaiming them. We will have to look at the demand [for public housing] after the allocation process [has been conducted for the recent applications]. The second [approach] is about the lands acquired from reclamation. As we have revealed, there will be 43,000 units [built on lands to be reclaimed in the future].” The CE continued, pointing out that the government is looking into using land that is not currently included in any urban planning projects. He stressed that the administration will follow the Urban Planning Law when making plans for the use of Macau’s land resources. He expressed the hope that the MSAR can have its own land reserve, not just for constructing public housing, but also for other purposes, in order to maintain the city’s competitive standing.

Moreover, when answering Au Kam San and Ng Kuok Cheong’s enquiries, the CE indicated that his government is not planning to introduce any new measures similar to those of SSD, because he does not believe that they can help to lower local housing prices further. “More measures would only reduce the number of transactions, without necessarily lowering the price. As we can see, it is because it is the locals who are buying the houses in Macau.” He also asked the younger generation to be patient, saying that it also took a long time for many people in the past to save up the premium needed to buy a house.

Furthermore, lawmaker Angela Leong On Kei has asked the CE about the government’s policy on diversifying Macau’s economy. Chui Sai On said that the administration is putting more resources into supporting small and medium-sized enterprises, in order to develop and to collaborate with other regions. “We have found that many enterprises cannot enter [Hengqin]. Therefore, we have decided to officially request more land on Hengqin from the central government, in order to allow our SMEs and other enterprises to enter Hengqin. We have experienced [the reality] that the five-kilometer square is not enough.” He said that asking for more land in Hengqin would help to diversify Macau’s economy and the city’s regional collaboration.
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Old June 21st, 2014, 08:25 AM   #379
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Protection of Inner Harbor urgently needed, experts say
19/06/2014
Macau Daily Times



A group of experts debating the Macau Inner Harbor’s future believe that protection of the city’s old commercial and trade hub is “urgently needed.” Architects, historians, sociologists and urban developers, among many others, have joined forces at the Inner Harbor Roundtable event in order to provide policy recommendations that could help build a more solid future for such an old part of town.

Last year, the International Institute for Asian Studies, the University of Macau and the Institute of European Studies, with the support of the Cultural Affairs Bureau (IC), started working on a roundtable to discuss strategic ideas for the Inner Harbor – ideas that can now be used to revitalize this old part of town, stretching all the way back from Barra to Patane.

Under the coordination of architect Nuno Soares, over 50 local and international experts drew on recommendations, which were presented yesterday at Ponte 9 – right at the heart of the Inner Harbor.

In a document compiling various conclusions and suggestions, the group emphasizes that it is crucial to help Macau people have closer contact with the riverside. Some of the listed recommendations include engaging people in a close relationship with the waterfront; providing view corridors; or building a continuous and obstacle-free walkway along the river.

Nuno Soares mentioned the popular Cais 22 restaurant (Pier 22), which provides a view to the river. He believes that there should be more restaurants like Cais 22 along the Inner Harbor’s waterfront.

In their opinion, while maintaining the Inner Harbor’s lively environment, further cultural and creative places could be added by using, for instance, some of the empty and decrepit buildings. Terraces, cafés, watersport activities, green areas and playgrounds are also listed as recommendations.

Furthermore, transportation needs to be rethought, they said, while a ‘walkability’ plan could help people to re-establish the connection between Macau people and the Pearl River.

However, in order to open up the waterfront to Macau people and tourists, “breaking down” barriers seems imperative. “At the moment, there are obstacles: barriers that don’t allow us to stroll around the riverside,” Nuno Soares told the Times.

Travelling back in time to recall the busy days of the Inner Harbor, Nuno Soares stated: “This is a very interesting area of the city, because it has its very own rhythm (…) It was the city center for centuries. All the boats would moor here, and trade was done here, too. With the change of the terminal to the Outer Harbor, the center of Macau has changed.”

Preserving the Inner Harbor’s heritage is also extremely urgent, they say. With “heritage disappearing month by month,” revitalization is indeed a word not to be forgotten.

“Inner Harbor’s heritage is a vast one. It is immense, and yet to be preserved. We are talking about old bridges, piers, patios, neo-classic buildings,” Nuno Soares added.

As experts believe that the Inner Harbor lost its main role when the Outer Harbor’s opened for main routes, such as the one covering Hong Kong–Macau, the city’s old trade point is yet to find another defining role.

Such a role could combine the Inner Harbor’s oldness and the unique typology of its piers with cultural, educational and creative clusters. In a sense, experts defend a “return” of the Inner Harbor to its people’s daily lives.

If the harbor is still home to many fishermen and if its liveliness has been able to survive over the years, there are still many Macau residents who remain too far from a part of their city surely hiding unique memories.

Wishing to create a closer proximity between people and the river, the group of experts deemed it fundamental to identify this plan’s stakeholders: residents, non-residents owning shops in the area, institutions, fishermen and many other interested parties. They think that the government’s action plan for the Inner Harbor should be designed taking into account these stakeholders’ interests in the area.

For instance, they have suggested that universities and educational institutions could be “physically present” in the Inner Harbor by establishing creative areas or laboratories in this part of the city.

Finally, when it comes to funding such a diversified plan, experts suggested that, in addition to government support, it would be convenient to also convince private companies and corporations to jump onboard as well.

The group working on the Roundtable on the Inner Harbor expects the Cultural Affairs Bureau and the government to take into consideration these suggestions that have now been provided for a possible revitalization of the area.

The president of the Institute of European Studies of Macau, Mr José Luís Sales Marques, who also contributed throughout the roundtable initiative, said yesterday that the Inner Harbor’s relationship with the rest of the city is part of the harbor’s narrative – one that needs to be preserved and further promoted.

Group launches book on inner harbor

The Inner Harbor Roundtable event led local and international experts to conduct in-depth research on one of Macau’s oldest commercial trade points.

As the research progressed, experts decided to launch a book looking at the Inner Harbor’s multiple facets. This includes areas such as its geographical context, its historical and urban evolution, its heritage and architectural interest, as well as current activities and commercial exchanges. In addition, the book also looks at opportunities and threats surrounding the Inner Harbor.

An exhibition on the book’s research was yesterday inaugurated at the third floor of Ponte 9, a building next to the Sampanas Sul Pier.
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Old July 5th, 2014, 09:29 PM   #380
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Possible delay in new public hospital opening
04/07/2014
Macau Daily Times

The Health Bureau (SSM) has confirmed that the construction process for Macau’s second public hospital is taking longer than expected.

The hospital complex will be located east of Estrada do Istmo in Cotai, between the Seac Pai Van Reservoir and the Macau Dome. Officials have stressed that the bureau will strive to finish the first phase of the project in 2017. They also indicated that the opening of a health center in Edificio do Lago in Taipa will be postponed. SSM has said only that there are various reasons for the delay.

During a meeting of the Island District Advisory Committee for Community Service, SSM deputy director Cheang Seng Ip said that the hospital project is progressing according to plan and that the contractor is currently laying the foundations. However, he admitted that some of the construction procedures were taking longer than previously estimated.

Mr Cheang did not directly indicate whether or not there would be a delay on the completion date, but rather reiterated only that “[the first stage of the construction] can finish in 2017 according to the original plan, for now.”

Following this, some members of the Committee told the media that SSM was planning to open the emergency department of the Taipa hospital complex this year. Nevertheless, due to the lack of supplementary facilities, such as roads, SSM has decided to set the completion date for the first and second stages of the complex in 2017.

Moreover, some members have questioned SSM for taking five years to make plans for the complex. SSM officials explained that this is because they do not have the relevant experience.

As for the health center in Edificio do Lago, the Bureau initially promised that the center would open in the second half of 2013. However, SSM now estimates that residents will have to wait until the second quarter of next year to see the center in operation.

Cheang Seng Ip explained that they have to spend time designing the center, as well as acquiring the necessary permissions from other government departments.
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