NAPE Gov’t office buildings’ foundations to cost MOP500 million

The Macau SAR Government will splash out around MOP500 million (US$61.8 million) to lay the foundations for an office complex in the NAPE area, with the construction project scheduled for completion in 2025.

According to a Financial Services Bureau dispatch in the Official Gazette, payments for the building project to be undertaken by Shing Lung will be made over a three-year period. It’s expected that the construction works on the basement and foundations of the two-building complex, which began last month, would take at least three years to complete.

Meanwhile, another renovation contract worth over MOP35.3 million (US$4.3 million) has also been awarded to Companhia de Decoração San Kei Ip Limitada for the refurbishment of government office areas at a separate office building in the same district.