AGP Executive Report
Last update: 6 hours agoUrban Planning Update: Macau’s government has launched a public consultation on draft amendments to the Urban Master Plan (2020–2040), including a revised 2040 population forecast of 783,000 (down from 808,000) and a land-area adjustment to 36.96 sq km, while also carving out core areas for diversified industrial development and tightening rules to keep industrial land out of tourism and entertainment zones. APEC Tourism Tech Push (Macao): APEC tourism ministers meeting in Macao put digital innovation front and center, calling for smoother cross-border travel and new tech like real-time translation, VR and assistive devices to improve visitor experiences. Energy Storage Deal (GBA): Lineage Power (Pace Digitek’s material arm) signed a master supply agreement for 3 GWh of LFP battery cells with Guangzhou Rongjie Energy Technology, supporting its BESS manufacturing and using Rongjie’s 314Ah prismatic cells. Local Research Capacity: UM says it will set up four new research institutes (network of 11) to speed up technology transfer and support Macau’s diversification, with two institutes starting operations on Aug 1. Automotive Retail Expansion: Li Auto officially entered the Macao market, opening its first retail center with Hong Yue Group and rolling out localized vehicle and connectivity upgrades. Cultural Affairs Online Promo: IC’s Online Bookshop launches a July summer promotion with 20% off books and themed “The Firecracker Industry in Taipa” bookmarks.
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