MACAU GOVERNMENT TO PAY US$150 MILLION FOR PLOT OF LAND IN ZHUHAI TO BUILD MACAU UNIVERSITY macauhub.com.mo
The Secretary for Transport and Public Works said that the Macau government is set to pay US$150 million for a 1.1 square kilometer plot of land leased from the Chinese municipality of Zhuhai, bordering Macau, for a 40-year period. Macau already has jurisdiction over the land which is being fenced off so that the new campus of Macau University can be built. Although situated on the Chinese mainland, the land will be under the jurisdiction and legislation of Macau and access to the campus will be via an underwater tunnel from Macau.