Galaxy Entertainment Group to revitalize Lai Chi Vun Shipyards

The Lai Chi Vun Shipyards in Coloane, Macau, are being revitalized by the government and Galaxy Entertainment Group Ltd, a casino operator in Macau. The goal of this two-phase rehabilitation project is to increase the number of leisure and tourist options in the region close to Coloane Village.

The Macau government is in charge of maintaining the structural integrity of the shipyards, and they have finished some renovation work, opening sections of the facility to the public in late June. Currently, the refurbished area includes an exhibition area, gift shops, and a stage for busking performances.

Galaxy Entertainment intends to improve these renovated sites in the first stage of the project by including a multimedia display center displaying the shipbuilding heritage of Lai Chi Vun. A performance space for neighborhood groups, food and beverage establishments, and a skatepark and cycling playground will also be part of the construction. There will also be room for holding regional theme fairs.

Later this year, Galaxy Entertainment hopes to start the first phase of the Lai Chi Vun Shipyards renovation, with an end goal of the third quarter of 2024.

Following government-led preservation efforts, the second phase of the project, which encompasses a significant chunk of the shipyard, is anticipated to be finished by the third quarter of 2026. Galaxy Entertainment is to add a synthetic ice skating rink, an area for urban gardening, a place for neighborhood art organizations, a bookstore, and additional food and beverage choices in this phase.

Francis Lui Yiu Tung, deputy chairman of Galaxy Entertainment, reaffirmed the firm’s dedication to developing services that cater to both locals and visitors while using the area’s heritage of shipbuilding as a distinctive attraction.

As part of their non-gaming responsibilities for their 10-year concessions, the Macau government has pushed each of the city’s six casino concessionaires to support “community tourism” in older neighborhoods. A number of other casino operators, such as MGM China Holdings Ltd, Wynn Macau Ltd, Melco Resorts & Entertainment Ltd, SJM Holdings Ltd, and Sands China Ltd, are also engaging in initiatives to revitalize various parts of Macau, promote tourism, and protect historical landmarks.

Original story by: GGRAsia