Macau has formally adopted a target for non-gaming industries to generate approximately 60% of its total economic output by 2030 under its latest five-year development plan.
The government published its Third Five-Year Plan for Economic and Social Development on August 18 following a 40-day public consultation.
Chief Executive Sam Hou Fai said the plan would guide Macau’s development between 2026 and 2030, with economic diversification among its four strategic priorities.
The government will continue developing its “1+4” economic model, combining integrated tourism and leisure with four priority sectors: healthcare and traditional Chinese medicine, modern finance, technology, and industries covering conventions, trade, culture and sport.
Non-gaming industries accounted for 56.7% of Macau’s gross domestic product in 2024. Gross domestic product measures the total value generated across the economy, including gaming, tourism, retail, construction, finance and other industries.
The 60% target is unchanged from Macau’s previous diversification plan, although its intended delivery has moved from 2028 to 2030.
Macau plans to use four major development projects and a government-backed investment fund to attract capital into priority industries. The programme includes technology and research facilities, an education district in neighbouring Hengqin and an integrated tourism and cultural zone.
The government also intends to advance legislation and controlled trials for its proposed e-MOP digital currency and develop cross-border payment connections with mainland China.
Casino gaming remains the dominant source of government income despite representing a smaller share of total economic output. Macau collected MOP58.34bn (US$7.22bn) in gaming taxes during the first seven months of 2026, an increase of 9.3% from the corresponding period last year.
Gaming taxes accounted for approximately 86% of the MOP67.85bn in current government revenue collected through July.
Macau’s casino concessionaires have also committed to substantial non-gaming investment under the 10-year licences that began in January 2023. Their programmes cover entertainment, conventions, international marketing, community tourism and other attractions intended to broaden the city’s visitor economy.
The five-year plan includes closer integration with Hengqin, where Macau is developing additional capacity for technology, healthcare, education and financial businesses.
Macau’s government said annual policy programmes would be used to implement and monitor the plan through 2030.
