The incoming Chief Executive for Macau, Ho Iat Seng, has started to prepare his list of new government leaders. One of the positions which will change is Secretary for Economy and Finance, the body which also supervises gaming policies in the city. Lionel Leong Vai Tac, who currently holds the position is on his way out is, and Lei Wai Nong is on his way in.
Lei has a background in public service and is the vice chairman of the Municipal Affairs Bureau’s administration committee currently. He will be the first Secretary for Economy and Finance to serve Macau’s government who has no private business experience, with all of his background having been mainly in government positions, including a spell with Macau’s Printing Bureau. Currently, Lei is also the chairman of the board of the government-controlled Macau Slaughter House, SA.
The gaming arena in Macau is heating up and a lot is happening. Following a stagnant year in terms of revenue, Lei and Ho have a lot to do in order to improve revenue, and Lei will also be important in supervising the casino tender process which will take place in 2022. That licensing activity may involve offering new licenses or restructuring the current framework, based on the direction Ho wants to take with Macau’s economic advancement.
As informed by Calvinayre.com, Macau’s new chief executive was elected after running unchallenged for the job. He is aware he has to face a number of challenges and said earlier that he, along with his administration, is ready to deal with the “historical problems” involving the city’s gaming industry and issues involving the tenders.
This past September he announced that he would be preparing his list of candidates for different positions, and it now seems that he only intends to replace three of the current secretaries. The two who will remain onboard will be Secretary for Security, Wong Sio Chak; and Secretary for Transport and Public Works, Raimundo do Rosário.
When Ho and his new administration take oath in on December 20, two single-term officials will be replaced. Secretary for Social Affairs and Culture, Alexis Tam Chon Weng, will be replaced by current Identification Bureau director Ao Ieong U while the Secretary for Administration and Justice, Sonia Chan Hoi Fan, will hand over her duties to Commissioner Against Corruption André Cheong Weng Chon.