Operator News
China – Galaxy Macau Phase 4 to see ‘largest single contract amount of façade construction contract in the world’
By Phil - 13 June 2022
Macau’s Galaxy Entertainment Group (GEG) has awarded the sub-contract for façade works on its Galaxy Macau Phase 4 development to China State Construction Development Holdings Limited in what it labels as ‘the largest single contract amount of façade construction contract in the world.’
The company’s Far East Facade (Macau) Limited subsidiary will oversee the HK$2.24bn (US$285m) project, becoming the latest project for China State Construction in the region.
The company said: “It is expected that this project will be the largest single contract amount of façade construction contract in the world. We have been committed to building the ‘Far East Façade’ brand, proactively improving our strengths and striving for excellence in various construction projects in order to meet or even exceed the expectation of different parties. We are delighted that our efforts have been recognized and we will continue to enhance our credibility and reputation in the industry, as well as further expand our business development and growth.”
“We see the premium market evolving with this segment preferring higher quality and more spacious rooms,” Galaxy added. “Cotai Phase 4 is an integrated resort for the next generation, which will complete our ecosystem in Cotai.
“Phases 3 & 4 combined will have approximately 3,000 high-end and family rooms and villas, 400,000 square feet of MICE space, a 500,000 square feet 16,000-seat multi-purpose arena, F&B, retail and casinos, among others. As you can see, we remain highly confident about the future of Macau where Cotai Phases 3 and 4 will support Macau’s vision of becoming a World Centre of Tourism and Leisure.”
