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Since 2011 and until the end of the year, government injections into Macau Investment and development will be more than 10.4 billion Patacas, an amount that was enough to pay for the construction of the first phase of the Light Rail, in the amount 10.2 billion Patacas.
The high investment was being analyzed in the last year by the Monitoring Committee for Public Finance Affairs, which, in an opinion on the analysis of the subject, warned of the lack of mechanisms for supervising the company’s operations.
Macau Investiment and Development was set up with public capital and is responsible for investments in the area of Traditional Chinese Medicine inland, with a hub on Ilha da Montanha, and a “pilot zone” in Zhongshan, which is slow to start and remains dependent on “ more studies ”.
Read more in Hoje Macau
