Macao SAR to speed up reform, diversification in 2026: chief executive

In a significant policy address delivered on Tuesday, Sam Hou-fai, Chief Executive of the Macao Special Administrative Region (SAR), outlined the government’s strategic priorities for 2026. Emphasizing the need for comprehensive administrative reform and economic diversification, Sam highlighted the SAR’s commitment to enhancing livelihoods and deepening integration into national development frameworks. The address, presented at the Legislative Assembly, underscored the challenges posed by shifting global and domestic economic landscapes, urging a balanced approach that aligns short-term needs with long-term planning. Sam stressed the importance of revitalizing existing resources while fostering new growth areas, ensuring that economic development and livelihood improvements reinforce each other. The policy blueprint also aims to bolster Macao’s economic recovery, with a focus on positive GDP growth and an improved business environment. Key initiatives include leveraging the Guangdong-Macao In-Depth Cooperation Zone in Hengqin and enhancing governance capacity through legal and administrative reforms. The government also reaffirmed its commitment to national security, ensuring robust safeguards to support high-quality and sustainable development.