In a press conference, Ho Iat Seng introduced his 10 ministers<\/p>\n\n\n\n\n\n\n\n
Macau.- The new members of the government were officially presented this week. Incoming Chief Executive, Ho Iat Seng, introduced in a press conference his 10 ministers. The new government will take office next 20 December.<\/p>\n\n\n\n
Lei Wai Nong is going to take the place of Lionel Leong as Secretary for Economy and Finance, and consequently, will be the man in charge of overseeing Macau\u2019s casino industry. Among Lei\u2019s most important tasks once taking office will be the finalisation and implementation of re-tendering for Macau\u2019s gaming concessionaires. Their licenses expire in 2022. <\/p>\n\n\n\n
According to local press<\/strong><\/em>, Lei spoke at the press conference and acknowledged that the gaming industry involves various interests, but he will put the needs of Macau people first when it comes to the gaming sector. Lei expects that problems will occur in the next gaming concession, but said he will not delay the handling of the case. Lei\u2019s first task will be to review the practical experience of Macau\u2019s gaming industry.<\/p>\n\n\n\n As he stated, his main goals will be \u201cpromoting the sustainable development of the city\u2019s economy, advancing economic diversification, and enhancing Macau\u2019s overall competitiveness by making better use of the city\u2019s strategic position as a \u2018Centre and Platform\u2019 and by strengthening Macau\u2019s roles in the \u2018Belt and Road\u2019 initiative.\u201d<\/p>\n\n\n\n The other nine principal officials will be Mr Cheong Weng Chon as Secretary for Administration and Justice; Mr Wong Sio Chak as Secretary for Security; Ms Ao Ieong Iu as Secretary for Social Affairs and Culture; Mr Raimundo do Ros\u00e1rio as Secretary for Transport and Public Works; Mr Chan Tsz King as Commissioner Against Corruption; Mr Ho Veng On as Commissioner of Audit; Mr Leong Man Cheong as Commissioner General of the Unitary Police Service; Mr Vong Man Chong as Director-General of the Macao Customs Service; and Mr Ip Son Sang as Public Prosecutor-General. In a press conference, Ho Iat Seng introduced his 10 ministers<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Macau's incoming Chief Executive, Ho Iat Seng, has appointed Lei Wai Nong as the new Secretary for Economy and Finance, who will oversee the territory's critical casino industry. Lei's immediate priority will be the finalization and implementation of the re-tendering process for Macau's gaming concessions, which are set to expire in 2022. He emphasized a focus on economic diversification and prioritizing the needs of Macau's populace.","focusai_entities":"Ho Iat Seng, Lei Wai Nong, Lionel Leong, Cheong Weng Chon, Wong Sio Chak, Ao Ieong Iu, Raimundo do Ros\u00e1rio, Chan Tsz King, Ho Veng On, Leong Man Cheong, Vong Man Chong, Ip Son Sang","focusai_location":"Macau","focusai_target_profile":"ceo_executive (1.0), regulator (1.0), compliance_legal (0.9), operator_casino (1.0), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (1.0)","focusai_suggestions":[{"label":"Concession Re-Tendering Impact","query":"What specific changes to the existing gaming concession framework or regulatory compliance requirements are anticipated under the new Secretary for Economy and Finance, and how might these affect the operational models and profitability of current concessionaires?"},{"label":"Economic Diversification Strategy","query":"How will the new government's stated objective of economic diversification influence the terms of the gaming concession re-tendering, and what mechanisms will be implemented to ensure the gaming sector contributes to broader economic development beyond GGR?"}],"footnotes":""},"categories":[160,28,16338,158],"tags":[29,257],"class_list":["post-1268","post","type-post","status-publish","format-standard","hentry","category-asia-pacific","category-casino-news","category-east-asia-news","category-slider-home","tag-casino","tag-macau"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/1268","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=1268"}],"version-history":[{"count":5,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/1268\/revisions"}],"predecessor-version":[{"id":777018372,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/1268\/revisions\/777018372"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=1268"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=1268"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=1268"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
<\/p>\n","protected":false},"excerpt":{"rendered":"