The Government planned shortly to launch mortgage- and tax-related measures designed to control the price of Macau housing, in order to promote a healthy development of the market, announced Saturday the Chief Executive, Chui Sai On after a four-day duty visit to Beijing.
In the Chinese capital Chui Sai On present the annual report on Macau government activities both to the Presidente Xi Jinping and the Prime Minister Li Keqiang.
According to a statement by the Macau Information Bureau the chief executive said that the government had studied closely measures to control the city’s high housing prices.
During the meeting with journalist Chui also said that the government would start in 2018 work relating to a long-term mechanism for sharing fiscal reserves and the establishment of an investment and development fund.
He also said that the government would announce soon Macau’s quotas regarding the right of local entities to operate cross-boundary transport services via the soon-to-be-completed Hong Kong-Zhuhai-Macao Bridge.
The issue was still being discussed between Hong Kong, Zhuhai and Macau.
Macau cross-boundary transport services seeking to use the cross-delta bridge fell into the following categories: private vehicles; vehicles for official use; coach services; and taxis.