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MACAU "ASIA'S LAS VEGAS"
is now the greatest growth story on the planet.

    
Macau's economy grew 332% in the last decade from 6.3 Billions in year 2000 to 27.2 Billions last year while the U.S. has grown under 20% for the same decade.  Growth rates in double-digits have been the norm for Macau for the last ten years and will continue to grow in the same pace for the next few years. 
    
At one quarter of 2004, when the Las Vegas Sands Corporation first launched its Las Vegas type of Hotel-Casino Resort in Macau, Macau's GDP growth is 42%, and the year ended with a 28.6% growth in GDP.
    

Macau's explosive double-digit economic boom was driven by foreign investments associated with the expansion of the gaming and related industries, increasing tourist arrivals from China and government-led infrastructure development.

 

MACAU IS NOW THE WORLD'S GAMBLING CAPITAL

    
Thanks to gambling, tiny Macau has grown so fast that it actually overtook Las Vegas Strip in 2006 ($6.96 billion to $6.6 billion) to become the world's biggest gambling destination. 

In 2010 Macau's Gaming revenue topped US$23.5 billion, almost four times as much as the Las Vegas strip.
 

 Macau - Dynamic City with Great Business
Opportunities FOR THE CALIFORNIA BUSINESSES

      
Yet Macau is not just for gambling, it is an ideal place for trade and investment to Mainland China, a perfect gateway to China market particularly for the U.S. small and medium size companies (SME).  
     
Macau SAR adopts free market economy, a simple and low tax regime, no foreign exchange controls, free port status and an independent tariff region.
     
Macau has focused on improving its business environment in accordance with its economic development, to compliment its enhancement of the service sectors, direct investment, regional co-operation and CEPA that allow Macau to move forward its development into a new phase.  This has attracted business people and investors from many different places to invest enabling Macau to become an ideal place for trade and investment.
 

The Emerging Opportunities in Macau's Convention and Exhibition

       
The signing of the "Mainland China and Macau Closer Economic Partnership arrangement" (CEPA) has lowered the market threshold for local companies accessing the Mainland China market and broadened the scope of eligible services, resulting in more business opportunities in Mainland China for "Macau Service Providers". 
       
Macau's emerging Convention and Exhibition industry in line with various state-of-the-art convention and exhibition facilities is now well prepared to host various kinds of events of different sizes.  Macau is the ideal place for professional organizers to hold international conventions and exhibitions and for businesspeople to congregate.

 

澳門特別行政區
Macau Special Administrative Region


Macau Flag


Coat of arms

 GDP:  (2010 in USD)
    Total
    Per capita
.
 $27.2 billions
 $49,745
 GDP Growth:
 in USD Billions
    2010
    2009
    2008
    2007
    2006
    2005
    2004 **
    2003
    2002
    2001
    2000 ***
    1995
 .
 .
 27.2  (+31.4%)
 20.7  (+2.4%)
 20.2  (+14.1%)
 17.7  (+24.6%)
 14.2  (+23.5%)
 11.5  (+15.0%)
 10.0  (+28.2%)
  7.8   (+14.7%)
  6.9   (+7.8%)
  6.4   ( -1.6%)
  6.3
  6.8
 ** 2004 was the year when Las Vegas 
      Sands Corp. opened its first
      Las-Vegas-type Casino Hotel "SANDS"
      in Macau

 *** 2000 was the first full year when
       Macau was transferred back to China

 Macau's Gaming
 Revenue (in USD):
     2005
     2006
     2007 
     2008
     2009
     2010 
.
.
 $5.70  
 $6.95  (+22%)
 $10.5  (+51%)
 $13.7  (+30%)
 $15.0  (+9.6%)
 $23.5  (+58%)
 Convention and
 Exhibition Capability:
 over 2.5 million
 square feet  in 2010
 Foreign investments
 for the past 5 years
 over $15 billions

 

LATEST FIGURES

Gaming revenues in Macau shot up 42% in the first quarter of this year to US$7.35 billion compared to last year's US$5.18 billion. 


 

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