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Tender Committee exchanges views with three provisional gaming concessionaires

Government Information Bureau
2002-02-21 21:32
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Tender Committee for Gaming Concession Thursday met with three provisional gaming concessionaires to exchange views on the concession.

The Tender Committee met with Sociedade de Jogos de Macau, S.A., Wynn Resorts (Macau) Limited and Galaxy Casino Company Limited on 18th, 20th and 21st respectively.

During the meetings, the Tender Committee and the three provisional gaming concessionaires discussed about the basic conditions and content of the concession.

Press conferences were held after each meeting. The representatives of the concessionaires had briefly introduced their investment plans in the press conferences.

In accordance with the concessionaires, Sociedade de Jogos de Macau will construct Fishermen's Wharf and hotels with a total investment 4.75 billions patacas/; S.A., Wynn Resorts (Macau) Limited will invest not less than 4 billions patacas to construct resorts, shopping malls and entertainment facilities in Macao and Taipei while the projects of Galaxy Casino Company Limited include resorts, convention centers and hotels in Macao with a total investment 8.8 billions patacas.

The Chairman of the Tender Committee for Gaming Concession Francis Tam said he felt optimistic that the concession would be signed in March.


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