Macau – Public Projects – Delay and Overspending

Project Name Budget Current Spending Start of Construction Scheduled Completion Current Announced Completion Delay
Macau Prison (EPM) – First Stage August 2010 August 2013 Unknown >1.5 years
LRT Macau – Phase I Line (Macau-Taipa Line) MOP7.5 billion MOP14.27 billion 2011 2014 September 9, 2017 883 Days
Taipa ferry terminal MOP 500 million MOP3.2 billion 2005 2009 End of 2014 / Not Realized 6 Years

Given recent news on the progress of Macau prison, I decided to collect a few of the most prominent public projects that face delay and overspending. As can be seen all projects are scheduled to complete within the next few years. How this is possible whereas even big projects such as Wynn or Sands’ The Parisian are announcing delays, is another story.

 

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