Significantly more than ten years after gambling enterprises came to Macau, the location is finally getting health and welfare solutions in destination.
Over the decade that is past Macau is just about the undisputed leader in worldwide gambling since far as revenues go. The casino hub brings in six times 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 grown by an average of 14% each year over the past decade rendering it the fastest-growing economy on earth.
Infrastructure Was Lacking
It appears like a incredible success story plus in many ways, it has been. 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 casinos didn't have much of a chance to catch up. Infrastructure lagged behind, hurt by decades of insufficient spending by colonial capabilities and an inability to get tasks done.
There are a quantity of projects that sound great on paper which have simply failed to materialize so far. Things that 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 actually the money, but we don't have the welfare,' Macao Pol