Thursday, August 18, 2022

Cape Verde project hits local snag


Construction of Macau Legend’s Cape Verde integrated resort may face delays due to the revamp of the island settlement where the project will be developed, Macau Business reports.

According to Nuno Miguel Melo Furtado, the African country representative at the Forum for Economic and Trade Cooperation between China and Portuguese-speaking Countries (Forum Macau), the delay would take five to six months to solidify the land settlement.

Mr Furtado said this delay could postpone the completion of the US$300 million project, which was originally expected to open between 2019 and 2020.

“The project is at very early stages, still in the construction phase. According to my information the second phase will likely be started this year since the infrastructure is already visible. The project is just not going at the rhythm we wanted,” he said.

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