The Macau construction sector registered significant increase in all principal indicators in 2006 that was underpinned by the various large-scale construction projects in progress. In 2006, there were 1,600 establishments operating in licensed construction works, an increase of 181 establishments over 2005.
Number of persons engaged rose by 58.5% to 25,339. Gross output (total value of
Vigers has just released an interesting report about Macau's economic boom.
Read Report: Macau Property Update report
Courtesy: Vigers
After Lisbon, Luanda, Maputo and Praia, the capital of Guinea Bissau, Bissau could be the next step for Macau businessman Stanley Ho and his holding company Geocapital, created in order to invest in Portuguese-speaking countries.
The "king" of Macau and Lisbon's gaming sector is focused on Caravela Island, in the Bijago's archipelago, which is considered by
In January 2007, Macao's total value of exports amounted to MOP1.70 billion, down 17.6% over the same month of 2006. Among this, the value of domestic exports dropped 33.4% to MOP1.13 billion, and the value of re-exports increased 55.6% to MOP571 million. Total value of imports amounted to MOP3.25 billion, up 23.8% year-on-year. (MOP 8
Wall Street expects Macau casino revenue, which hit $7 billion in 2006, to grow to anywhere from $10 billion to $15 billion in 2010. The Vegas strip of mega-resorts generated $6.69 billion in gambling revenue last year. Las Vegas Sands Corp, will be opening "The Venetian Macao" resort that shares the name of its Vegas