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Macau Smart City Plan

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Not just Shenzhen and Hong Kong are active in innovation and technology industry, so is Macau. Macau has released their Smart City plan and is working on cloud, smart transportation, smart health and so on.

I have met with the 3 major universities in Macau, including Macau University of Science and Technology (MUST), Macau City University (MCityU) and University of Macau (UMAC), to exchange ideas. For instance, MUST has set up an institute on Blockchain, MCityU has started their Faculty of Finance with focus on FinTech, and UMAC has a number of Data Science initiatives. I also shared my FinTech experience with the graduate Finance programme students of MCityU. They were very eager to learn FinTech.

I also visited the core innovation and technology as well as FinTech parties in Macau. It includes the Science and Technology Development Fund (FDCT), Macau Young Entrepreneur Incubation Center, Monetary Authority of Macau and Macau Institute of Financial Services, etc.

With the rapid development of the Greater Bay Area, opening of the bridge connecting Macau, Hong Kong and Zhuhai, the upcoming license renewal of Macau casinos, there will be more opportunities evolved for I&T companies.

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