Macau Government Guided Fund Officially Begins Operation with Initial Scale of MOP 20 Billion

The signing ceremony for the establishment documents of the Macau Government Guided Fund was held today (October 23), marking the fund's official commencement of operation. The Macau Government Guided Fund has an initial total scale of MOP 20 billion. The Macau SAR Government contributed MOP 11 billion from the accumulated returns of fiscal reserves over the years, while six integrated tourism and leisure enterprises, as the first batch of social capital, contributed a total of MOP 9 billion. The fund is established and operated in accordance with Law No. 11/2025, the "Fund Investment Law," and Administrative Regulation No. 26/2026, the "Government Guided Fund Management System," and is managed by Macau Investment Management Company Limited. Its investment focus is on emerging industries, industrial transformation and upgrading, commercialization of scientific and technological achievements, and startup technology enterprises, while also supporting Macau's coordinated development with the Hengqin Guangdong-Macao In-Depth Cooperation Zone and the Guangdong-Hong Kong-Macao Greater Bay Area. Secretary for Economy and Finance Ng Wai Han stated at the ceremony that this year marks the opening year of the national "15th Five-Year Plan" and the Macau SAR's "3rd Five-Year Plan." The SAR Government is proactively aligning with national development planning, implementing the "1+4" strategy for appropriately diversified economic development, and continuously enhancing Macau's economic resilience. Promoting appropriate economic diversification is a "mandatory question" for Macau's development and requires coordinated efforts from the government and all sectors of society. Ng Wai Han pointed out that the six integrated tourism and leisure enterprises have deep roots in Macau and play an important role in Macau's development as a world tourism and leisure center. They have continuously fulfilled their non-gaming investment commitments under their concession contracts and contributed to Macau's diversified economic development. The launch of the Government Guided Fund is the result of full consultation between the SAR Government and the six enterprises, demonstrating the spirit of government-enterprise collaboration and reflecting the business community's ample confidence in Macau's development prospects. She expressed gratitude to the six enterprises for their support and to the working teams of both sides for their efforts in establishing the fund.