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Macau since 1949:

Since the end of the Chinese Civil War, Macau has grown tremendously in regional significance, shifting from a valuable entrepôt to one of the largest hubs in the Far East. The vast majority of refugees who fled to the territory have been allowed to stay, with 150,000 having already secured territorial residency (the closest thing to citizenship for non-ethnic Portuguese in the overseas territories at present), bringing the total resident population up to 350,000 (the remaining 150,000 have ten-year work permits). Of the 300,000 residents who have arrived since 1939, approximately 100,000 have settled on the Macau Peninsula, 50,000 on Colaone Island, and 150,000 on the previously under-populated Taipa Island (see map as attached). This has left much of the territory covered in slums, although a central government-supported programme to provide interest-free mortgages to refugees and new residents has led to the establishment of medium-quality, high-density housing across much of Taipa Island and the Peninsula. Small scale industry and locally-owned businesses have also taken off across the territory, as migrants attempt to start a new life in the bustling city.
The Macau of 1957, therefore, finds itself with an affluent centre of business on the Peninsula, flanked by emerging neighbourhoods and slums in the south and east, a highly-populated emerging cityscape on Taipa Island, with a central nucleus of emerging neighbourhoods (predominately featuring high-density, apartment-style housing) surrounded on all sides by slums and small scale factories, and a still under-populated Coloane Island, which presently boasts some slums, farms, factories and traditional villages.
The vast majority of small scale industry in Macau consists of textiles manufacturing in factories set up by the migrants. That said, larger-scale industry has also emerged, including a major bicycle factory near the border with China and a rifle manufactory on the southern tip of the Peninsula. This is emblematic of the territory’s economic ascendance, as is the arrival of new waves of ethnic Portuguese, who have brought the European population of the territory up to 13,000 since 1949.

Commercial opportunities:

The signing of the Sino-Portuguese Free Trade Agreement (SPFTA) in 1956 has dramatically improved the economic prospects of Macau. Indeed, the near-complete removal of Chinese import tariffs on Portuguese luxury goods has resulted in the establishment of a number of luxury goods production facilities on the Peninsula, as well as the proliferation of dozens of prestigious vendors in the affluent portions of the isthmus. In addition to the basic textile manufactories set up by the migrants, a number of fashion outlets have also been established for upper-class visitors, and for deliveries to customers in China, Hong Kong, Japan, Australia and Southeast Asia. Jewellers, shoemakers, watchmakers, tailors, cordwainers and bag markers have all set themselves up in the territory, where they create their products, sell them to visitors and also export them abroad. Distilleries have also become popular, with the territory developing a positive reputation for its fine, locally-distilled whiskey, rum, gin and baijiu. An emerging brand of dark rum, known as ”Ventos Orientais”, has grown particularly popular. The rum is recognised for its distinctive flavour, being the only major rum brand to use Timorese sugar. Tobacco companies have also established high-end stores on the Peninsula, where they sell a number of recognisable international cigarette and cigar brands.
Otherwise, with the significant reduction of Chinese tariffs on precision-made products, a number of manufactories have popped up on Coloane Island, producing measuring equipment, precision medical supplies and levelling tools.
The Banco de Macau, meanwhile, has left a permanent mark on the territory by becoming the first enterprise to construct a ‘skyscraper’ (as they’re being called) in Macau, building its new corporate headquarters on the western side of the Peninsula. It has been joined by the Macau-Beijing Investment Bank and the Banco Afro-Eurásia, which have also begun construction on smaller, albeit impressive skyscrapers. Regrettably for the Banco Português do Continente e Ilhas and Montepio Geral Bank, who do not have enough capital for a skyscraper, three-storey office buildings have had to suffice.
In many cases, these banks have been instrumental in financing the recent expansion of the Macanese economy. The Banco de Macau and the Banco Afro-Eurásia, however, have sought to increase their regional presence even further by expanding into Thailand, the Philippines, Japan, Singapore and Indonesia. The Banco de Macau, in particular, is expected to make major investments in Japan, Thailand and Indonesia in the coming years.

Tourism and entertainment opportunities:

The recent introduction of Western gambling to Macau, along with the Banco de Macau’s heavy investment in new casinos, has led to a proliferation of the gambling industry across the territory. Dozens of small to medium, high-end, Western casinos now dot the Peninsula, while a number of traditional casinos have emerged on Taipa Island. Along with the emergence of a luxury shopping culture, the new casinos have proven extremely popular with affluent visitors from China, Hong Kong, Japan, the West and Southeast Asia. Many new hotels are being founded on the Peninsula to meet this demand, as well as a new, game-changing casino known as Casino Lisboa, which shall open its doors in 1960. Quite expectedly, the proliferation of gambling across the territory has only poured fuel on the metaphorical fire that is the gambling syndicate rivalry. New syndicates are now competing for an increased market share as outside factions interfere with the rivalry (see: the banks and Triads) and older syndicates desperately battle to preserve their local hegemony. Already, this rivalry has been given a morbid monicker, becoming known as the ”Bloody Game (残忍赛)”. This name is quite deserved, given that syndicates of all sizes have gained a reputation for sabotage, death threats, murder and murky alliances with the Triads as their deadly rivalry spirals out of control.
Beyond the casinos, new bars, restaurants and nightclubs have been established across the territory, catering almost exclusively to high-end visitors and the Macanese elite. The combination of modern, dimly-lit bars, domestically-made liquor, prestigious fashion brands, international visitors and high-stakes games of poker have given Macau a distinct flavour, with the city increasingly being known as the ”City of Jazz (爵士城)”. Regular ferry trips between Hong Kong and Macau, coupled with daily/weekly flights to Tokyo, Beijing, Singapore, Manila, Shanghai and Bangkok are only improving this reputation.

Future infrastructure:

MAP
The huge population increase on the Taipa and Coloane islands have put immense strain on the intra-Macau ferry service. Hoping to alleviate this strain, the Macanese territorial government has announced a new project to connect Taipa Island to the Peninsula with a new bridge. Inspired by the Ponte de Liberdade in Lisbon, and designed by the same engineers, the bridge is expected to be completed by 1965 (marked in red on the map). The bridge is to be named in honour of the territory’s outgoing Governor, Joaquim Marques Esparteiro, being called the Ponte da Esparteiro.
Otherwise, recognising the strain which Macau’s rapidly-increasing population has had on the geography of the territory, a major land reclamation project is to be undertaken on both the Peninsula and Taipa Island. Zoning will take place ahead of time for the planned land, allowing preemptive property sales to help fund the project. Dutch engineers will be brought on for the project as a result of their vast land reclamation experience. Additionally, the Portuguese Navy is to assist with the project by providing auxiliary vessels where relevant. The new Peninsula-Taipa bridge will only extend across the stretch of water between the reclaimed land, with the connecting road that passes over the reclaimed land simply being raised several metres above the ground. (Land reclamation areas are marked in blue on the map, along with their planned year of completion).
Finally, in order to prevent a potential bottleneck of manufactured goods produced on Taipa Island from blocking Macau harbour and the Ponte da Esparteiro, a new industrial dock is to be constructed on the island, to be completed by 1964 (marked in orange on the map).

Vice and crime:

As previously noted, the expansion of the gambling industry has also spawned an intense rivalry between the syndicates. Indeed, the increased prevalence of vice across Macau has created an opportunity for the Triads, who already enjoyed a strong Macanese presence before the territory’s expansion, particularly on Taipa Island, the Peninsula casinos and in the slums/emerging neighbourhoods in the north. As the "Four Major Gangs (四大黑幫)” of Shui Fong, Wo Shing Yee, 14K and the Big Circle Gang have grown in importance, they have gained large footholds in the new neighbourhoods, where they run extortion rackets and loan shark operations, targetting small businesses, nightclubs and traditional gambling dens. Human trafficking has also emerged as a dangerous front, as the Triads seek to smuggle in illegal workers and, in the case of the nightclub sector, “waitresses”. Finally, the counterfeiting of patacas (Macau’s currency) has increased prolifically, as the Triads seek to use fake currency to make large bets in the casinos.
Though Indonesia’s provision of detailed intelligence on Triad drug smuggling operations in Macau has resulted in a massive crackdown on that particular area of organised crime activity, the Triads appear to be gaining ground on almost every other front, creating a complex interplay between Macanese businesses, rival gambling syndicates, law enforcement, local politicians and the Four Major Gangs. Hoping to assist the struggling territorial police in eradicating bribery, human trafficking, extortion, loan sharking, murder and counterfeiting, the SIS (basically the Portuguese FBI/secret police) and the Customs and Finance Intelligence Service (CFIS) have created a joint task force known as Operation Varrer Profundo (Deep Sweep). This operation will see the two agencies create large, permanent offices across the territory, cracking down on the Triads and illegal gambling syndicate activity by sending in hundreds of agents. Thus begins what many expect to be a years-long cat and mouse game between Portuguese authorities, the Triads, the gambling syndicates, corrupt politicians and the business sector

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