{"id":777026309,"date":"2025-05-12T09:59:13","date_gmt":"2025-05-12T12:59:13","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777026309"},"modified":"2026-04-21T23:06:00","modified_gmt":"2026-04-22T02:06:00","slug":"sands-china-signs-mou-with-technology-industrial-park-development","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/sands-china-signs-mou-with-technology-industrial-park-development","title":{"rendered":"Sands China signs MoU with Technology Industrial Park Development"},"content":{"rendered":"\n<p>They aim to cooperate to promote the integration of the &#8220;big health tourism industry&#8221; in Macau and Hengqin.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Macau.-<strong> Sands China<\/strong> has announced that it has signed a Memorandum of Understanding (MoU) with <strong>Guangdong-Macau Traditional Chinese Medicine Technology Industrial Park Development (GMTCM)<\/strong> to boost the &#8220;big health tourism industry&#8221; in Macau and Hengqin.<\/p>\n\n\n\n<p>According to the announcement, the entities aim to use Macau&#8217;s status as a global leisure and tourism hub and take advantage of the city&#8217;s infrastructure and the &#8220;one-hour living circle&#8221; created by the Guangdong-Hong Kong-Macau Greater Bay Area.<\/p>\n\n\n\n<p>Sands China said the partnership is in line with Macau&#8217;s vision to promote moderate economic growth through the <strong>1+4 diversification strategy<\/strong>. It said the companies would work together to combine their expertise in tourism, traditional Chinese medicine and the big health industry.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"900\" height=\"536\" src=\"https:\/\/focusgn.com\/asia-pacific\/wp-content\/uploads\/sites\/5\/2025\/05\/MOU_Signing_2-900x536.jpg\" alt=\"Guests of honour gather on stage after an MOU signing between Sands China and Guangdong-Macau Traditional Chinese Medicine Technology Industrial Park Development Co. Ltd. Friday at the Traditional Chinese Medicine Science and Technology Industrial Park of Cooperation Between Guangdong and Macao in the Guangdong-Macao In-Depth Cooperation Zone in Hengqin.\" class=\"wp-image-777026311\" srcset=\"https:\/\/focusgn.com\/asia-pacific\/wp-content\/uploads\/sites\/5\/2025\/05\/MOU_Signing_2-900x536.jpg 900w, https:\/\/focusgn.com\/asia-pacific\/wp-content\/uploads\/sites\/5\/2025\/05\/MOU_Signing_2.jpg 1200w\" sizes=\"auto, (max-width: 900px) 100vw, 900px\" \/><figcaption class=\"wp-element-caption\">Guests on stage after the MOU signing on Friday.<\/figcaption><\/figure>\n<\/div>\n\n\n<p><strong>Grant Chum<\/strong>, chief executive officer and executive director of Sands China, said: &#8220;Sands China is honoured to be the first among&nbsp;Macau&#8217;s&nbsp;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&#8217;s pivotal role as a world centre of tourism and leisure and a gateway for cultural exchange between East and West, deepening&nbsp;Macau&#8217;s&nbsp;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&nbsp;Macai&nbsp;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&nbsp;Macao&nbsp;and Hengqin as premier destinations in this regard.&#8221;<\/p>\n\n\n\n<p><strong>Wu Song<\/strong>, chairman of GMTCM, said: &#8220;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&nbsp;Macau&nbsp;and Hengqin&#8217;s &#8216;tourism+&#8217; initiatives.<\/p>\n\n\n\n<p>&#8220;The partnership will inject new momentum into&nbsp;Macau&#8217;s&nbsp;moderate economic diversification and the construction of the Greater Bay Area&#8217;s Traditional Chinese Medicine hub, together writing a new chapter in the great practice of One Country, Two Systems.&#8221;<\/p>\n\n\n\n<p>Potential projects include<strong> MICE <\/strong>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&#8217;s integrated resorts &#8220;to provide premium health management and medical care services for tourists and residents&#8221;.<\/p>\n\n\n\n<p><strong>See also:<\/strong> <a href=\"https:\/\/focusgn.com\/asia-pacific\/sands-china-net-revenue-declines-in-q1\" target=\"_blank\" rel=\"noreferrer noopener\">Sands China net revenue declines in Q1<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>They aim to cooperate to promote the integration of the &#8220;big health tourism industry&#8221; in Macau and Hengqin.<\/p>\n","protected":false},"author":176,"featured_media":777026310,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Sands China has executed a Memorandum of Understanding with GMTCM to foster the \"big health tourism industry\" across Macau and Hengqin. This strategic alliance aligns with Macau's \"1+4\" economic diversification mandate, leveraging integrated resort infrastructure for MICE events and health tourism product development, thereby deepening cross-sector integration within the Greater Bay Area.","focusai_entities":"Sands China, Guangdong-Macau Traditional Chinese Medicine Technology Industrial Park Development, GMTCM, Grant Chum, Wu Song","focusai_location":"Macau, Hengqin, Guangdong, Hong Kong, Greater Bay Area","focusai_target_profile":"ceo_executive (1.0), regulator (0.9), operator_casino (0.9), product_ux (0.7), marketing_crm (0.7), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Diversification ROI?","query":"What is the projected return on investment and timeline for significant revenue contribution from this \"big health tourism\" vertical, and how will it impact Sands China's non-gaming EBITDA margins?"},{"label":"Regulatory Frameworks?","query":"What specific cross-border regulatory and governance frameworks will underpin the integration of health tourism services between Macau and Hengqin, particularly concerning medical data privacy and service standards?"}],"footnotes":""},"categories":[157,16338],"tags":[29,24619,225],"class_list":["post-777026309","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","tag-casino","tag-finance","tag-legislation"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777026309","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\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777026309"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777026309\/revisions"}],"predecessor-version":[{"id":777026340,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777026309\/revisions\/777026340"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/777026310"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777026309"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777026309"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777026309"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}