On Tuesday, November 18, 2025, Macao Special Administrative Region (SAR) chief executive Sam Hou Fai delivered the 2026 Policy Address at the Legislative Assembly, outlining a bold roadmap for administrative reform and economic diversification.
Facing profound shifts in internal and external economic conditions, Sam Hou Fai underscored the need to balance short-term challenges with long-term planning. 'Strengthening market vitality while providing targeted government guidance is key to sustainable growth,' he said, stressing the link between revitalizing existing industries and promoting new sectors.
The 2026 strategy highlights the synergy between economic development and improving people's livelihoods. By aiming for positive GDP growth and a friendlier business environment, Macao SAR hopes to expand beyond its gaming roots, nurturing startups and innovation hubs.
New momentum is expected from the Guangdong-Macao In-Depth Cooperation Zone in Hengqin, where closer coordination between Macao and Hengqin authorities could unlock cross-border opportunities for tech, finance and tourism.
To support these goals, the SAR government plans to boost governance capacity through legal and administrative reforms, streamline processes and ensure robust security safeguards—laying the groundwork for high-quality and sustainable social and economic development.
As Macao SAR charts its course for 2026, the slate of initiatives on diversification, deeper integration into national development and livelihood enhancement underscores a forward-looking vision, aiming to strengthen the region's resilience and global competitiveness.
Reference(s):
Macao SAR to speed up reform, diversification in 2026: chief executive
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