More than a decade after casinos arrived to Macau, the spot is finally getting health and welfare services in destination.
Over the past decade, Macau is among the most undisputed leader in global gambling because far as profits go. The casino hub brings in six times just as much revenue as Las Vegas, and exploded after the former Portuguese colony was opened to casino that is foreign in 2002. The move was a resounding success, as Macau’s economy has exploded by on average 14% each year within the past decade rendering it the fastest-growing economy on earth.
Infrastructure Was Lacking
It appears like a amazing success story plus in many ways, it’s been. But with all of that growth centered in the gambling industry and coming at a fast speed, the rest of Macau yes, it exists outside of gambling enterprises don’t have much of the opportunity to catch up. Infrastructure lagged behind, hurt by decades of insufficient spending by colonial capabilities and an inability to get jobs done.
There are certainly a true number of projects that sound great on paper that have just failed to materialize thus far. Things that we in the West 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 actually the money, but we do not have the welfare,’ Macao Polytechnic Instit