Officials say that even 700 additional cabs won’t solve Macao’s desperate taxi shortage, which will take time to rectify.
Raimundo do Rosário
The head of a committee scrutinising proposed changes to civil aviation regulations says a reprieve of up to a year is possible.
While providing some relief, the measure appears unlikely to solve the chronic shortage of taxis that has both locals and tourists grumbling.
The government says it’s still too early to talk price-points for the new initiative, which will offer decently-sized flats to people ‘sandwiched’ between currently available subsidised housing and the private sector.
Work on the 2.2-kilometre-long section, designed to connect Cotai and Hengqin Island, started in March 2021.
Public works chief Raimundo do Rosário says the sell-off – Macao’s first in years – “won’t be within days” but “maybe in some weeks or even months.”
The volume of passengers has been rising steadily since the easing of pandemic curbs and is set to increase further with the opening of the Taipa-Barra section later this year.
Ho is in Luxembourg to learn from its bond market – Europe’s largest – and the two sides have agreed to boost ties in finance and other fields.
Nearly a dozen deals have been signed at a top-level investment and tourism gathering in the Portuguese capital, timed to coincide with the chief executive’s visit.
