Views Hainan promotion to impact Hengqin “ill-informed”

    In my view as a Hengqin-centric investor and investment consultant, April’s announcement of tourism development plans for Hainan Island will have zero meaningful impact on Hengqin Island. Some analysts and commentators have speculated that the opening of Hainan will shift the focus away from developing Hengqin to the same level as had been originally planned. Such speculation is often uninformed. We encourage analysts and others to invest some time in understanding Hengqin: its relationship to Macau, the transportation infrastructure, its economic and political underpinnings, and the supply-demand equation that exists in mainland China for the future Hengqin product. After all, Hengqin will be the biggest game-changer for Macau since the 2002 liberalization of the gaming industry. Hengqin Island in 2018 reminds me of the Cotai Strip in 2005: large-scale construction projects, big plans that seem outsized for their day, a general lack of awareness among international investors, and scarce mechanism for communicating those plans...

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