“Big Gulf Area” Expands

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January 28, 2022
2 minutes

The authorities began to implement the initiative to unite the economy of macao with hong kong and guangdong province. This step is hello to the fact that both special administrative district (sar) macao and hong kong will become part of «district of big gulf» (gba).

Prc authorities have already published a gba development plan.

Analyst union gaming grant giates believes that it is the union of special administrative districts that will contribute to an increase in visitors in macau igor’s institutions. He also adds that in the long run, macau’s accession to «the gulf district» favorably affect the economy of the region.

During the new year holidays, macau stated an increase in the number of visitors by 26.6% compared to the same period last year. Special administrative district for the first time in a long time received over a million visitors.

Since the bridge hong kong – zhuhai – macau (hkzm) connects three areas, it will also be part of the gba. According to the latest data, its construction has favorably affected the influx of visitors in macau. It is expected that the bridge will contribute to the promotion of the gba development plan.

Despite the fact that it is currently difficult to assess the influence of hkzm to increase the revenues of macau’s gambling establishments, analysts believe that its presence should lay the foundation of the long-term development of the gembling industry.

Giaterten notes that macau followed the example of las vegas and orlando, planning an union with hangzin island, which, according to analyst, will become an important driving factor in the development of international tourism in the area.

Recall: the daily gross income of macau casino (ggr) increased by 32% over the past week.

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