AGP Executive Report
Last update: 8 hours agoUrban Planning: Macao has presented its final proposal to amend the 2020–2040 urban master plan, following public consultation. The changes would make room for three major projects, including a science and technology park and an international aviation hub; district development plans are due next. Central Government Ties: Chief Executive Sam Hou Fai expressed condolences over the death of former Vice-Premier Liu Yandong, who supported Macao’s development while overseeing Hong Kong and Macao affairs. Policy and Budget: Sam will deliver his 2027 Policy Address on November 16, with the budget and gaming revenue expected to feature. A 2027 budget with cash payouts has also advanced to review. Economic Diversification: The six casino operators have committed MOP9 billion to a government guidance fund targeting MOP20 billion to support new industries. Government Restructuring: Culture and sports are set to merge into a new bureau next month.
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