Significantly more than ten years after casinos arrived to Macau, the region is finally getting health and welfare solutions in place.
Over the past decade, Macau has become the undisputed leader in worldwide gambling because far as revenues go. The casino hub brings in six times as much revenue as Las Vegas, and exploded after the previous Portuguese colony was opened to casino that is foreign in 2002. The move was a success that is resounding as Macau’s economy has grown by an average of 14% each year over the past decade rendering it the fastest-growing economy in the world.
Infrastructure Was Lacking
It feels like a amazing success story plus in many ways, it is often. 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 did not have a lot of to be able to catch up. Infrastructure lagged behind, hurt by decades of insufficient spending by colonial abilities and an inability to get jobs done.
There are a true quantity of projects that sound great on paper which have merely failed to materialize up to now. 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.
‘the money is had by us, but we don’t have the welfare,’ Macao Polytechni