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Old May 18th, 2017, 05:02 PM   #441
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The Parisian Macao Hotel

IMG_8738 by Yau Ming Lai, on Flickr
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Old May 18th, 2017, 10:25 PM   #442
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Any updates on the Lisboa Palace and other projects going on in Macau apart from MGM?
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Old May 25th, 2017, 10:05 PM   #443
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Old May 25th, 2017, 10:06 PM   #444
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Old May 25th, 2017, 10:17 PM   #445
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The 13

http://www.the13.com






http://macautripping.com/news/blog/4...pter-9-heroes/

Located in the gambling mecca of Macau, in southern China, The 13 is one of the most expensive hotels ever built
The 'all-villa' hotel has 200 suites measuring between 2,000 and 30,000 square feet, with 24-hour butler service
Each villa features a marble Roman bath set under a vaulted Baroque ceiling supported by and a crystal chandelier

This is the first look inside an ultra-luxurious hotel that is styled like a French palace and was built for the world’s super-rich at a staggering cost of £1bn ($1.4bn).
Located in the gambling mecca of Macau, The 13 is being billed as the most luxurious hotel in the world – and it is one of the most expensive ever with a price tag that works out to more than £5million ($7million) per guest room.
Set to open in late summer, the ‘all-villa’ hotel has 200 suites measuring up to 30,000 square feet, 24-hour butler service for every room and a fleet of Rolls-Royce Phantoms to chauffeur guests to Macau’s high-end casinos and restaurants, business meetings or the airport.

Louis XIII Holdings Ltd, the owner of the Baroque-inspired hotel, revealed its name in a joint announcement from Hong Kong and Macau today and released interior renderings of an entry-level room, the one-bedroom Villa du Comte, to provide a sneak peek.
It is an over-the-top project from flamboyant Chinese billionaire Stephen Hung, the company’s joint chairman, who is known for his extravagant lifestyle and luxury car collection.
The former investment banker made headlines in 2014 when he visited England to place a £14million ($20million) order for 30 customised Rolls-Royce Phantoms, the largest single order ever made, for The 13.



In his new hotel, the split-level Villa du Comte guest rooms will be the smallest at 2,000 square feet in size while the largest, the Villa de Stephen (named for Hung), is 30,000 square feet, with some reports claiming it will cost around £70,000 ($100,000) a night.
The hotel hasn’t revealed the nightly rates just yet, however, but it did reveal that every room is unique and virtually every design detail in the hotel is bespoke and created especially for The 13.
That includes everything from elaborately detailed Baroque scrollwork, sculptures, fabrics, wall coverings, furniture, tableware and the Rolls-Royce Phantoms.









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Old May 25th, 2017, 10:22 PM   #446
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The Roosevelt Macau

The renowned Hollywood Roosevelt hotel from Los Angeles is set to add to the glitz and glamour of Macau come early next year. The new Roosevelt Macau will be built near to the enclave’s Cotai Strip entertainment hub.

Staying true to the flamboyant style of its Hollywood namesake, the Roosevelt Macau will be developed as a “jetset retreat” and its design is said to be a modern take on Hollywood glam with a 1950s retro twist. The 12-storey Roosevelt Macau will house 373 guest rooms ranging from superior to suites, with balconies overlooking the sea and the neighbouring Macau Jockey Club. Guest accommodation will also include four villas.




http://www.hotels-g.com/hotels/roosevelt-hotel-macau/
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Old June 15th, 2017, 05:44 PM   #447
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MACAO WATER AGREES DEAL FOR NEW TREATMENT PLANT
June 15, 2017
Macau Daily Times Excerpt

Macao Water, responsible for providing the city’s water supply, has reached a consensus with the MSAR government on the building of the Seac Pai Van Water Treatment Plant in Coloane, the company informed in a statement released yesterday.

The two parties had been negotiating over the terms of the treatment plant for almost three years. This consensus, “marks a significant milestone” in the company’s history of providing water services, claimed Macao Water.

Under the terms of the agreement, Macao Water will be responsible for funding the construction of the Seac Pai Van Water Treatment Plant, while the raw water source will originate from the fourth pipeline to be built jointly by the Macau government and local authorities in Guangdong Province.

Construction work will begin shortly and is expected to be completed by the end of 2019.

When completed, the new water treatment facility will provide a daily production capacity of 130,000 cubic meters of water. This will increase the territory’s total daily water supply to a total of 520,000 cubic meters.

According to Macao Water, this should be sufficient to meet the city’s water demand for the next 10 years as well as “securing the safety and stability of the water supply” in Taipa and Coloane.

Nacky Kuan, the executive director of Macao Water, said that the company was pleased to have finally reached an agreement with the government.

“The Seac Pai Van Water Treatment Plant […] involves a substantial amount of investment that exceeds the investment by far required by the concession contract,” she said. The statement from Macao Water did not specify how much the construction would cost the company.
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Old July 1st, 2017, 06:04 AM   #448
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HOTEL WITH 30 ROLLS-ROYCES AND NO GUESTS SEEKS FUNDS
June 30, 2017
Macau Daily Times Excerpt

Luxury builder 13 Holdings Ltd. has a fleet of 30 bespoke Rolls-Royce Phantoms for its hotel project in Macau, but no guests to ride in them.

That’s because the company has yet to receive a license to operate the exclusive The 13 project in Macau’s Cotai Strip, despite saying in 2016 that it expected to do so by the end of that year. The firm announced its fourth straight year of net losses yesterday as it considers trying to change conditions on its loans amid the delay. 13 Holdings has total debt of about HKD4.5 billion, more than 10 times its bank balances and cash of HKD323.6 million, according to its filing.

13 Holdings announced it would build the hotel in 2013, which was when total gambling takings for Macau peaked at a record USD45 billion. After that, the world’s biggest gambling hub suffered a three-year slump in gaming revenue amid China’s anti-corruption crackdown and slowing economy. While there has been some recovery for the industry this year, risks remain. Macau’s government announced plans in May to require facial recognition and identification card checks at ATMs, to curb money laundering and stem outflows.

“13 Holdings’ debt problems are emblematic of the issues that gaming-related companies in Macau face in light of China’s anti-corruption crackdown,” said Thomas Dillenseger, Hong Kong-based managing director at restructuring firm Alvarez & Marsal. Some companies related to Macau’s gaming industry have seen a significant decline in revenue, he added.

The Hong Kong-listed shares of 13 Holdings reversed course to close down 7 percent, the sharpest drop in a year. They had earlier advanced as much as 1.6 percent.

Certain terms in a bank borrowing of about HKD3 billion outstanding as of March 31 “require the opening of the group’s hotel in Macau to be no later than July 31,” the firm said in an exchange filing. “If in mid-July the group anticipates that the hotel cannot be opened according to the above schedule, the directors of the company will obtain an extension of the opening date under this covenant.”
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Old August 21st, 2017, 03:36 PM   #449
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Beijing Rejects Fourth Bridge, Sinking Macau Investment
Aug 21, 2017
Macau Daily Times Excerpt

Beijing has rejected the proposal for a new bridge connecting Macau and Taipa, citing safety concerns, the Macau Infrastructure Development Office (GIT) informed on Friday.

Authorities in the Chinese capital are demanding further studies on route safety before approval can be granted, calling into question the substantial financial investment that has already gone into the project.

Earmarked as the fourth Macau-Taipa link, the project was intended to connect the reclaimed land at Zone A, east of the peninsula, with Zone E1, northwest of the airport.

The GIT submitted the bridge proposal to the Central Government in July 2016, but received a reply last month that the project could not be green-lit before further studies into safety and waterway conditions had been conducted.

Beijing’s rejection comes less than two months after Macau’s government awarded a MOP188.37 million contract to Ove Arup & Partners Limited, a Hong Kong design and engineering solutions company, to provide project management services between 2017 and 2021.

Last September, the local government also awarded a separate contract for the preliminary design of the fourth bridge to a mainland-based state-owned enterprise, CCCC Highway Consultants Co. The MOP75.19 million contract was to be paid in three installments between 2016 and 2019.

It remains unclear why local authorities required approval from the Central Government. Transportation, infrastructure and urban planning fall within the scope of Macau’s local autonomy, and the proposed site for the bridge was located in Macau’s maritime jurisdiction.

Speaking to public broadcaster TDM, GIT representative Chao Vai Man said that it was “all about the safety of the route as the proposed location of the fourth bridge is in the middle of a high-speed waterway.”

“[We need to] conduct further research before we submit it to the Central Government for a second look,” he said, adding that “the research will begin as soon as we obtain the approval from the SAR government.”

According to Macau’s Five-Year Development Plan (2016-2020), construction on the fourth bridge was scheduled to begin this year and conclude by 2019, with an opening scheduled for 2020.

With the future of the fourth link in limbo, transportation authorities may now double down on the so-called fifth link: an underwater tunnel envisioned to run parallel and between the Governador Nobre do Carvalho Bridge and the Friendship Bridge.
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Old August 22nd, 2017, 02:04 AM   #450
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Macau is an interesting place that really intrigues me. Crazy to think how it's developing and progressing since the handover.


Appreciate keeping this page updated!
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Old August 22nd, 2017, 05:50 AM   #451
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Quote:
Originally Posted by mileymc1 View Post
Macau is an interesting place that really intrigues me. Crazy to think how it's developing and progressing since the handover.


Appreciate keeping this page updated!
Thanks. Ever since the casino monopoly was broken, there has been a lot of construction on Taipa with many new casino resorts opening and U/C. It is quite a drastic change for them with the government trying to spread some of the gambling earnings through annual special payments to citizens.
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Old August 27th, 2017, 05:55 PM   #452
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CONSTRUCTION ON NEW WATER TREATMENT PLANT TO BEGIN SOON
Aug. 22, 2017
Macau Daily Times Excerpt

After three years of preparation, Macao Water is slated to commence construction of the Seac Pai Van Water Treatment Plant in Coloane soon.

Covering an area of 17,000 square meters next to Seac Pai Van Reservoir on Estrada do Altinho de Ká Hó, Seac Pai Van Water Treatment Plant will be built with an investment of around MOP1 billion from the city’s water company.

The new water treatment plant is a high-standard water treatment facility that uses energy-efficient, emission-reducing intelligent technology to facilitate the city’s water recycling.

At the sidelines of the launch ceremony yesterday, Director of the Marine and Water Bureau Susana Wong estimated that construction of the fourth water supply pipeline will be complete by the end of 2019.

“The mainland water supply company is trying to complete the project by the end of [2019]. Any project progress will be reported to the SAR government, [Macao Water] will stay in close contact with them,” Wong said.
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Old September 10th, 2017, 09:40 PM   #453
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Imperial Pacific













https://www.postguam.com/news/local/...416c66f73.html
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Old September 11th, 2017, 02:16 AM   #454
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That's not macau
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Old October 20th, 2017, 05:18 AM   #455
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VALUE OF WORKS DIPPED LAST YEAR AS RESORTS COMPLETED
Oct. 9, 2017
Macau Daily Times Excerpt

The value of works in the construction sector decreased by 13.9 percent year-on-year to MOP79.38 billion in 2016, according to data released by the Statistics and Census Service (DSEC).

The government department attributes the decrease to the number of completed large-scale resorts and other entertainment facilities by the summer of that year, as well as a decrease in private residential projects.

Total revenue from the construction sector amounted to MOP81.15 billion, down by 13.1 percent year- on-year. Gross value added, (which measures the sectoral contribution to the economy) totaled MOP19.48 billion, down by 17.2 percent.

A total of 2,920 establishments were operating in the construction sector last year, an increase of 170 year-
on-year. Of this, 1,272 establishments were involved in construction projects and 1,648 were undertaking renovation projects. The total number of people engaged in the sector decreased by 5,645 to 45,316.

Around 1,400 construction projects were carried out with permits in 2016, according to DSEC, up by 55 year-on-year. By category, the number of public works projects (542) rose by 71, while the number of private construction projects (890) fell by 16.

The value of construction works completed by the private sector decreased 18.7 percent year-on-year to MOP64.38 billion, of which the value of construction of hotels and entertainment facilities (MOP47.93 billion) and private residential buildings (MOP11.15 billion) decreased by 21 percent and 29.1 percent, respectively.

On the other hand, public sector construction value increased by 18.2 percent year-on-year to MOP12.03 billion, of which public housing construction (MOP2.26 billion) and health projects (MOP2.17 billion) rose by 3.9 percent and 78.3 percent, respectively. The latter’s surge was driven by the foundation works of the under-construction Islands Hospital.
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Old October 21st, 2017, 02:54 AM   #456
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Is the MGM any closer to opening? Seems like its just getting pushed back and back and taking forever!


Apart from MGM & Lisboa Place (another sow project) what else is on the cards for Cotai? Morpheus is turning out amazing, the Metro is ongoing, the bridge is coming along nicely but I don't think there is any other major projects in the pipeline... Unless I'm wrong?


I think Macau needs to focus on entertainment now. The hotels are there, casinos, restaurants, retail etc... I think a big theme park, water park or some kind of big attraction is needed next.


Still plenty of land around the strip if I'm not wrong?
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Old October 21st, 2017, 05:30 AM   #457
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Quote:
Originally Posted by mileymc1 View Post
Is the MGM any closer to opening? Seems like its just getting pushed back and back and taking forever!


Apart from MGM & Lisboa Place (another sow project) what else is on the cards for Cotai? Morpheus is turning out amazing, the Metro is ongoing, the bridge is coming along nicely but I don't think there is any other major projects in the pipeline... Unless I'm wrong?


I think Macau needs to focus on entertainment now. The hotels are there, casinos, restaurants, retail etc... I think a big theme park, water park or some kind of big attraction is needed next.


Still plenty of land around the strip if I'm not wrong?
There is plenty of land on Cotai to build more, but I always thought Macau is a purely gambling destination and the entertainment options have never been built up. The visitors come to gamble regardless so they would rather maximize the tables on the floor instead of making it more like Vegas.
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Old October 23rd, 2017, 05:32 AM   #458
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Quote:
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Is the MGM any closer to opening? Seems like its just getting pushed back and back and taking forever!
Just got news MGM Cotai is opening in late January 2018.

http://en.mgmchinaholdings.com/MGM-COTAI
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Old October 27th, 2017, 05:15 PM   #459
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SANDS TO INVEST USD1.1B IN ‘LONDONER’ REMODEL
Oct. 27, 2017
Macau Daily Times Excerpt

Las Vegas Sands Corp., capitalizing on the rebound in Macau gambling, will spend USD1.1 billion renovating its properties there, including turning the Sands Cotai Central into a London-themed resort.

The property will be rebranded as the Londoner Macao and feature attractions tied to some of the English capital’s most recognizable landmarks, the company said in a statement. The remodeling will add an additional 1.7 million square feet of space, and the resort will accommodate more overnight guests than the Venetian and the Parisian combined, said billionaire founder and CEO Sheldon Adelson. The Four Seasons Macao will get 295 new suites in a separate tower.

“Having three iconic must-see European-themed destination resorts, with a broad range of amenities, will strengthen our marketing and customer-service capabilities and position us to grow faster than the Macau market,” Adelson said on an analysts call on the results.

Sands has already invested over USD13 billion in the region since it was the first U.S. company to open a casino there in 2002. Sands and its rivals have been looking for vindication for their bets on expensive new properties after withstanding a Beijing-led corruption crackdown that stalled growth in Macau for three years. Overall gambling revenue in the region rose 22 percent to MOP67 billion ($8.34 billion) in the third quarter, the fifth in a row of year-over-year growth.

Macau, the only place in China where casino gambling is legal, accounts more than half of Sands’ sales. The city is seeing a return of VIP players even as new resorts such as Sands’ Parisian lure more middle-class gamblers.

Sands’ investments underscore its bet that long-term growth will come from attracting mainstream Chinese visitors.

“The company remains focused on a broad range of non-gaming amenities, which is ultimately what will drive visitation and put the company in a better position to remain a strong operator in the dynamic market,” said analyst Chad Beynon at Macquarie Bank Ltd.

Sands’ appeal to casual gamblers, tourists and families continue to pay off as the company’s third-quarter results topped analysts estimates. About 89 percent of Macau profit in the quarter was generated from mass gaming tables, slot machines and non-gaming offerings.

Visits from mainland Chinese visitors gained 15 percent from a year ago, the company said. The visitors increased the length of their stays, and the casinos’ winnings at the tables and slots generally frequented by casual gamblers increased 8.7 percent to $512 million.
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Old October 29th, 2017, 05:09 PM   #460
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Government to initiate preparation for LRT
Friday, February 3, 2017
Macau Daily Times Excerpt

Transportation Infrastructure Office director Ho Cheong Kei has stated, during a TDM radio show, that the government will initiate preparatory work for the operation of the city’s Light Rapid Transit (LRT) this year.

Ho explained that this preparation will include establishing consultation works regarding legal matters connected to the LRT and assembling the companies involved in the LRT.

Overall, the government’s focus for this year is to install train system facilities and to construct an LRT depot.

“I believe we can accomplish our goal of beginning operation of the LRT Taipa section in 2019,” said Ho. According to him, four companies have been engaged in construction work without issues since last September, when the depot project restarted.

Ho revealed that if the construction contractors can finish projects on time or ahead of schedule, the government will grant them 8 percent of their contract budgets as a bonus.

In addition, Ho noted that the inauguration of the LRT in 2019 only concerns the Taipa section. The authority will initiate plans for the section connecting to Barra this year.

The 9.3 kilometers of trestle and 11 stations in Taipa are all connected, Ho said, adding that the main construction of the LRT Taipa section is basically complete.
LRT TRAINS EXPECTED TO ARRIVE NEXT MONTH
LRT Trains Expected to Arrive Next Month
Macau Daily Times
Oct. 26, 2017

The first batch of Macau’s Light Rapid Transit (LRT) trains was shipped to Macau from Japan on October 20, according to a statement published by the Transportation Infrastructure Office (GIT). “After coordination with Mitsubishi, […] the trains are expected to arrive at Ocean Station in early November, where the associated train tests will then be carried out to achieve the target of Taipa Line Operations in 2019,” the statement reads. The first series consists of four carriages; each one has a length of 11.8 meters, a width of 2.8 meters, a height of 3.6 meters and weighs about 15 tonnes.
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