In a historical turn of events, the bustling casino hub of Macau has elected its first chief executive who was born in mainland China. Ho Iat Seng, a 62-year-old businessman with ties to the Chinese government, won the election on Sunday by a resounding majority, securing over 98% of the vote.
The election of Ho Iat Seng marks a significant departure from the norm in Macau, where previous chief executives have been predominantly of Portuguese descent. The former Portuguese colony, now a special administrative region of China, has long been known for its unique blend of Chinese and Portuguese cultures.
Ho Iat Seng’s victory is seen as a reflection of Beijing’s increasing influence in the gambling enclave, which is home to some of the world’s largest and most lucrative casinos. As a successful businessman and member of several Chinese political bodies, Ho is expected to strengthen ties between Macau and the mainland, particularly in the realm of economic development and tourism.
In his inaugural speech, Ho pledged to focus on diversifying Macau’s economy beyond gaming and entertainment, while also addressing issues such as housing affordability and social inequality. He also emphasized the importance of upholding the “one country, two systems” principle that governs Macau’s relationship with mainland China.
While Ho’s election has been met with some skepticism and concerns about potential erosion of civil liberties in Macau, many residents and business leaders believe that his leadership will bring stability and prosperity to the region. “I am confident that Ho Iat Seng will steer Macau towards a brighter future, one that benefits all its inhabitants,” said local entrepreneur and supporter of Ho, Li Wei.
As the first chief executive born in mainland China, Ho Iat Seng faces high expectations and challenges ahead. However, his deep connections to the Chinese government and experience in business and politics make him a formidable leader who is well-equipped to lead Macau into a new era of growth and development.