Over the decade that is past Macau is among the most undisputed leader in global gambling as far as profits go. The casino hub brings in six times as much revenue as Las Vegas, and exploded following the former Portuguese colony was exposed to international casino operators in 2002. The move was a success that is resounding as Macau’s economy has exploded by an average of 14% each year on the past decade making it the fastest-growing economy on earth.

Infrastructure Was Lacking

It feels like a incredible success story as well as in many ways, it was. But with all of that growth centered in the gambling industry and coming at a fast pace, the rest of Macau yes, it exists outside of casinos did not have a lot of the opportunity to catch up. Infrastructure lagged behind, hurt by decades of insufficient spending by colonial abilities and an inability to get tasks done.

There are always a number of projects that sound great on paper that have merely failed to materialize so far. Things that we in the western usually takes 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.

‘We have the money, but we don’t have the welfare,’ Macao Po Continue reading →