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Former colony supports the
bridge
Macanese think that the bridge will help their
economy
by Candy Kan
A former Portuguese colony, Macao reverted to Chinese rule in 1999 and
became a Special Administrative Region (SAR). It is strategically located
on the western side of the Pearl River mouth and borders Zhuhai (see Map).

Macao is known as the Monte Carlo of the Orient. Gambling sector represents
64% of the Territory's revenue. Casinos plays an important role as
a tourist attraction of Macao. |
The SAR's economy relies heavily on tourism
and gaming
industry. Around 50,000 people cross Guanzha (Border Gates) checkpoint
at the border with Zhuhai each day. About 20,000 passengers enter via the
Outer Harbour ferry terminal daily. Total visitors to Macao can reach approximately
1 million per month.
Imports and exports are primarily through Hong Kong via sea transport.
Limitations in road transport have restricted Macao's business
opportunities with Hong Kong and Guangdong province.
In 2000, trade between Macao and Guangdong province reached a total of
USD $660 million. Investments in the province by Macanese companies totalled
over USD $128 million, increasing 155% over the previous year. This involved
6,366 projects in real estates, road network, exhibitions and consultative
services.
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