SJM’s Kam Pek Market food stalls to open before 2025 CNY

Macau gaming operator SJM Resorts has announced that the Kam Pek Market is set to open between mid-December 2024 and the Chinese New Year in 2025.

The project is part of SJM’s efforts to expand its non-gaming segment, enhancing Macau’s appeal beyond the gaming industry. The initiative is also part of the company’s revitalization plan for Macau’s old districts, which includes the redevelopment of Avenida de Almeida Ribeiro and the Inner Harbour areas, creating new cultural landmarks. This also involves revitalizing the "Macau Palace" (Floating Boat).

https://agbrief.com/news/macau/27/09/2023/sjm-to-bring-back-floating-casino-before-2026/

The first phase of the tender process for food stalls has concluded, with ten local Small and Medium-sized Enterprises (SMEs) selected. These include both new startups and established vendors offering a variety of cuisines, including Chinese, Portuguese, Japanese, and Korean.
The Kam Pek Market aims to serve both locals and tourists, promoting Macau’s diverse culinary culture.

According to the press release, SJM received 67 proposals before the deadline. Daisy Ho, Managing Director of SJM, commented on the strong interest shown and praised the potential of the selected vendors. She highlighted that the market aims to blend tourism, dining, and local culture, and is expected to increase foot traffic in the area, bringing both economic and social benefits.
SJM also noted that it will support the chosen merchants by providing operational infrastructure, logistical assistance, and promotional activities, in line with its strategy of “big enterprises leading small ones.”

Asia Non-gaming SJM Holdings Latest news Non-gaming diversification SJM Resorts

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