Pansy Ho Chiu King, co-chairperson and executive director of MGM China Holdings Ltd, revealed that she might apply for more tourism facilities on the city’s reclamation areas in the future, and hopes the government will grant the green light for these projects.
The businesswoman, also the vice chairman and secretary-general of the Global Tourism Economy Forum held over the weekend, was asked whether she would develop more tourism products on the city’s newly reclaimed land, during a press briefing of the Forum on Saturday.
“For the reclamation areas, I believe the government’s long-term policies would for sure reserve more spaces to allow more developments related to the city’s dominant industry and to house more tourism facilities,” Ms. Ho said.
She added that she agreed with the direction of developing more tourist products in the new urban areas, and said: “I hope the government will support my suggestions in the future”.
“There are still many places in Macau that visitors may miss when they are here. Today, we haven’t succeeded in offering visitors other extra experiences, but we will have much room to develop this segment,” Ms. Ho indicated.
The gaming boss declined to comment on her outlook for the gaming industry, but claimed the overall economy of the MSAR is stabilising.
“We have seen [stabilisation] in the market, not only in the gaming industry. [We’ve seen] visitor arrivals and tourists’ consuming sentiment stabilising, which I believe is a very good sign […] The government has carried out many good policies and promotions, while we investors have launched many new facilities this year, which, I believe, are boosting the stable development of the local economy and tourism,” she said.
