Market profile
Macau is a special administrative region of China that has a high level of
autonomy and has its own currency. Formerly a Portuguese colony, Macau is
situated on the south coast of China along the Pearl River Delta. Its
proximity to both Hong Kong and Mainland China, along with its special
administrative region status affords Macau the benefits of having a free
and open service market, as well as being tax and duty-exempt for the
majority of its trade with China. For these reasons, Macau is also
considered a gateway into the Chinese market.
Macau has a population of 662,000 with both Cantonese and Portuguese as the
official languages of the region. Despite its modest population, Macau
receives a large number of visitors each day due to its booming tourism and
gaming sectors. The Macau
SAR Government is also looking into establishing the region as a MICE
centre of Asia (meetings, incentives, conferences, exhibitions) and
developing other non-gaming industries.There are opportunities for
Australian exporters to consider the following sectors in Macau, including
but not limited to:
-
Corporate training
- VET and executive education
- Hospitality related products and services
-
Creative services
- Construction management, services and niche products
The Hong Kong-Zhuhai-Macao Bridge is designed to improve economic flows
between Macau and the other regions, as well as facilitate stronger
tourism, efficient logistics and transport.
More information on doing business in Macau