The "35" plan in Macao proposes that by 2030, the non-gaming sector will account for 60% of the GDP.
On May 19, the Macao SAR government announced the consultation text of the "Macao Special Administrative Region Economic and Social Development Third Five-Year Plan (2026-2030)", which will be open for public consultation from May 20 to June 28.
On May 19th, the Macao SAR government released the consultation text for the "Third Five-Year Plan for Economic and Social Development of the Macao Special Administrative Region (2026-2030)", which will be open for consultation from May 20th to June 28th. The plan sets a goal to increase the non-gaming sector's contribution to GDP from 56.7% in 2024 to around 60% by 2030, aiming to achieve growth in GDP, median monthly income of local residents, and investing at least MOP 18 billion in science and technology infrastructure.
The consultation for the "Three-Five Plan" proposes advancing moderate diversified economic development, focusing on enhancing the comprehensive tourism and leisure industry and accelerating the development of the financial industry. In the future, a government guidance fund will be set up to support investment projects that promote the coordinated development of the gaming industry in Macao and the development of the Greater Bay Area. Additionally, the government will strive to start the operation of the Macao Science and Technology Industrial Park during the "Three-Five" plan period, consider planning for the second phase of the park's construction, explore the development of low-altitude economy and smart driving systems, and fully promote the development of the digital economy.
Furthermore, the consultation for the "Three-Five Plan" suggests expediting the construction of new cross-border channels, potentially building or expanding a new channel connecting the Hengqin cooperation zone to Macao, and planning to establish a new intelligent port at the Hengqin campus of the University of Macao.
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