Significantly more than 10 years after casinos came to Macau, the location is finally getting health and welfare solutions in destination.
Over the past decade, Macau is among the most undisputed leader in worldwide gambling because far as revenues go. The casino hub brings in six times as much revenue as Las Vegas, and exploded after the previous Portuguese colony was opened to foreign casino operators in 2002. The move had been a resounding success, as Macau’s economy has exploded by an average of 14% each year throughout the past decade making it the fastest-growing economy on the planet.
Infrastructure Was Lacking
It appears like a incredible success story and in many ways, it is often. But with all that growth centered in the gambling industry and coming at a pace that is rapid the rest of Macau yes, it exists outside of casinos did not have a lot of to be able to catch up. Infrastructure lagged behind, hurt by decades of insufficient spending by colonial powers and an inability to get jobs done.
There are a number of projects that sound great on paper which have simply failed to materialize so far. Things that people in the West might take for granted things like a mass-transit system, a renovated ferry system, public housing projects and hospitals have all been delayed, meaning they are nevertheless years away.
‘the money is had by us, but we do not have the welfare,’ Macao Polytechnic Inst