More than 10 years after gambling enterprises came to Macau, the location is finally getting health and welfare solutions in destination.
Over the past decade, Macau has become the undisputed leader in worldwide gambling since far as profits go. The casino hub brings in six times just as much revenue as Las Vegas, and exploded after the previous Portuguese colony was exposed to casino that is foreign in 2002. The move had been a resounding success, as Macau’s economy is continuing to grow by on average 14% each year over the past decade making it the fastest-growing economy on earth.
Infrastructure Was Lacking
It feels like a amazing success story plus in many ways, it was. But with all that growth centered in the gambling industry and coming at a fast rate, the rest of Macau yes, it exists outside of casinos don’t have much of a chance to catch up. Infrastructure lagged behind, hurt by decades of insufficient spending by colonial powers and an inability to get projects done.
There are certainly a quantity of projects that sound great on paper that have simply unsuccessful to materialize so far. Things 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 do not have the welfare,’ Macao Polytechnic Institute associate p (more…)