The Macau government is waiting for approval from the central government in Beijing to begin works on the reclamation land projects which are expected to total an area of around five square kilometers.

The secretary for transport and public works, Lau Si Io, said the project plan is based on that of 2006, which the local government handed to the central government for appraisal and approval, which has now entered the final stage.

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Posted in China, Development, Infrastructure, Macau General, Macau Government, Macau Property, Social and Politics No Comments »

As reported by Blog Macau Info, the Hong Kong-Zhuhai-Macau Bridge project may take 36-and-a-half years to break even, admitted the Governor of Guangdong Province.

Huang Huahua said in Beijing as a deputy to the National People’s Congress (NPC) that is currently being convened that the construction cost of the bridge may reach US$5.62 billion, while the ports and connection facilities will be assumed by the authorities of the three territories respectively.

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The former secretary for transport and public works, Ao Man Long who took a cool US$100 million in bribes and now is serving a 27-year jail sentence for serious corruption charges, admitted yesterday to having received money from companies including Seng Meng Fai.

Ao was a witness in his family’s trial and rejected claims that his relatives and wife had knowledge of what the former secretary was doing. Ao also told the court his family did what he asked without ever questioning him or the activities involving grand sums of money and offshore accounts.

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The governments of Hong Kong, Guangdong, and Macau yesterday endorsed the financing scheme for bridges linking the three places and the massive project will soon proceed to public tenders. Macau’s casino magnate Dr Stanley Ho has said that he is interested in bidding for the project.

It is expected a number of state- owned enterprises will play a major role in building the bridges expected to cost between US$4-5 billion. The Hong Kong listed China Communication Construction Company and China Railway have a long history in building infrastructure projects in the mainland, Hong Kong and overseas.

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Posted in Development, Infrastructure, Macau Business, Macau General, Macau Government, STDM | SJM, Social and Politics, Stanley Ho 1 Comment »

Local legislator and president of CAA City Planning and Engineering Consultants, Jose Sai-Peng Chui, presented diagrams showing how new land developments earmarked for urban development were switched to almost 100 per cent hotel and gaming use.

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Posted in Infrastructure, Macau Casino, Macau General, Macau Government, Macau Real Estate, Social and Politics No Comments »

The Macau government has selected seven international companies to present proposals for consultation on the first phase of construction of the light railway that is due to be finished in 2011, officials said Thursday.

Extending over 20 kilometers, the light railway is expected to cost around 4.2 billion patacas (US$525 million).

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Posted in Cotai Strip, Development, Infrastructure, Macau General, Macau Government, Macau News, Social and Politics No Comments »

There could be significant progress to the Hong Kong-Macau-Zhuhai Bridge project this year, indicated a Hong Kong businessman who is one of its initiators.

Gordon Wu told media in Hong Kong and Macau that the plan has entered into a ‘national infrastructure’ stage, and the Beijing State Council’s National Development and Reform Commission (NDRC) will head the project.

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Posted in Construction, Economy & Business, Infrastructure, Macau General, Macau Property, Macau Tourism No Comments »

The Chief Executive, Mr Edmund Ho Hau Wah, said he believed that the verdict passed today by the Court of Final Appeal on Ao Man Long, a former official, was just.

This was the CE reaction to the news that Macau’s highest-level official ever convicted of corruption was sentenced to 27 years in prison Wednesday for taking contract kickbacks in the construction boom that’s turning the Chinese gambling enclave into a Las Vegas-style vacation destination.

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Posted in Edmund Ho, Infrastructure, Macau General, Macau News, Social and Politics No Comments »