The updated diversification timeline forms part of the SAR government’s economic and social development blueprint for 2026-2030.
Macau.- The Macau government has put back its target for non-gaming industries to account for around 60 per cent of the city’s gross domestic product (GDP) from 2028 to 2030. That’s according to the consultation draft of the Third Five-Year Plan for Economic and Social Development of the Macau Special Administrative Region (2026-2030).
The revised plan updates Macau’s previous diversification roadmap covering 2024-2028. Released this week for public consultation, it outlines the government’s strategy to promote “appropriate economic diversification” while strengthening Macau’s position as an international tourism and leisure destination. The consultation period will run until June 28.
According to the SAR government, the plan is intended to align closely with China’s national 15th Five-Year Plan while supporting sustainable economic growth, technological innovation and regional integration initiatives linked to Hengqin and the Greater Bay Area.
The blueprint continues to emphasise Macau’s “1+4” diversification strategy, focusing on sectors including healthcare and traditional Chinese medicine, modern finance, high technology, conventions and exhibitions, culture and sports. Authorities also reiterated the importance of developing integrated tourism offerings beyond gaming.
During a press briefing, Policy Research and Regional Development Bureau director Cheong Chok Man said the goal was not to reduce gaming activity but expand the contribution of non-gaming industries.
The updated diversification timeline forms part of the SAR government’s economic and social development blueprint for 2026-2030. Macau.- The Macau government has put back its target for non-gaming industries to account for around 60 per cent of the city’s gross domestic product (GDP) from 2028 to 2030. That’s according to the consultation draft of the…
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