More than a decade after casinos arrived to Macau, the location is finally getting health and welfare solutions in spot.
Over the past decade, Macau has transformed into the undisputed leader in global gambling as far as revenues go. The casino hub brings in six times just as much revenue as Las Vegas, and exploded following the former Portuguese colony was opened to casino that is foreign in 2002. The move was a success that is resounding as Macau’s economy is continuing to grow by an average of 14% each year throughout the past decade rendering it the fastest-growing economy in the world.
Infrastructure Was Lacking
It sounds like a success that is incredible plus in many ways, it is often. But with all of that growth centered in the gambling industry and coming at a pace that is rapid the rest of Macau yes, it exists outside of gambling enterprises did not have a lot of the opportunity to catch up. Infrastructure lagged behind, hurt by decades of insufficient spending by colonial capabilities and an inability to get projects done.
There are always a quantity of projects that sound great on paper that have simply failed to materialize to date. 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 still years away.
‘the money is had by us, but we do not have