Sands China signs MoU with Technology Industrial Park Development

They aim to cooperate to promote the integration of the “big health tourism industry” in Macau and Hengqin.

Macau.- Sands China has announced that it has signed a Memorandum of Understanding (MoU) with Guangdong-Macau Traditional Chinese Medicine Technology Industrial Park Development (GMTCM) to boost the “big health tourism industry” in Macau and Hengqin.

According to the announcement, the entities aim to use Macau’s status as a global leisure and tourism hub and take advantage of the city’s infrastructure and the “one-hour living circle” created by the Guangdong-Hong Kong-Macau Greater Bay Area.

Sands China said the partnership is in line with Macau’s vision to promote moderate economic growth through the 1+4 diversification strategy. It said the companies would work together to combine their expertise in tourism, traditional Chinese medicine and the big health industry.

Grant Chum, chief executive officer and executive director of Sands China, said: “Sands China is honoured to be the first among Macau’s integrated resort operators to sign an MOU with GMTCM. We have actively participated in this high-level collaboration, aiming to apply our strengths and values to enhance the city’s pivotal role as a world centre of tourism and leisure and a gateway for cultural exchange between East and West, deepening Macau’s integration into national development. Given that the global health tourism industry holds significant growth potential and a vast market scale, we hope to connect our tourism sector with Big Health by utilising resources within integrated resorts, organising conferences and exhibitions, and introducing health tourism products to make Macai a player in this emerging industry. In the future, we will collaborate with GMTCM to establish an industrial chain for the health tourism industry, promoting Macao and Hengqin as premier destinations in this regard.”

Wu Song, chairman of GMTCM, said: “This collaboration marks the official launch of in-depth cooperation between the two parties in the field of Big Health and tourism, carrying profound significance for advancing the cross-sector integration of Macau and Hengqin’s ‘tourism+’ initiatives.

“The partnership will inject new momentum into Macau’s moderate economic diversification and the construction of the Greater Bay Area’s Traditional Chinese Medicine hub, together writing a new chapter in the great practice of One Country, Two Systems.”

Potential projects include MICE events to promote the development of the medical, healthcare and wellness industry in Macau and Hengqin. These may include professional forums, exhibitions, and international conferences. The casino operator may introduce new health tourism services and products at Sands China’s integrated resorts “to provide premium health management and medical care services for tourists and residents”.

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