Land for Industrial Purposes
1. LAND FOR
INDUSTRIAL

PURPOSES

Land for industrial purposes is generally granted by government concession, on a lease basis, normally for 25 year periods, which is renewable.

1.1 Premium to be paid

To be granted a concession, interested parties should apply with a detailed proposal on all technical aspects, to enable a comprehensive analysis of the project’s economic impact on the Territory.

If the concession is granted, the concessionaire will pay an initial cash premium followed by annual rent for the duration of the concession.

The amount of the premium will depend mainly on the location of the plot and total gross area of construction. For assessment of “gross margin”, calculations will be based on the Land, Public Works and Transportation Services official index (1).

The formula is as follows:

Gross margin =(Gross built area x price (2)/sq.m)- (Gross built area x construction cost (2)/sq.m)

Premium to be paid = 20% (3) x gross margin

Price and construction costs per square meter for premium calculation purposes are as follows, according to Land, Public Works and Transportation Services current index (Official Gazette, August 93).

(1st quarter 2001)

(USD per square metre)
LOCATION

CONSTRUCTION

COST/sq.m(2)

Prices/sq.m
Up to 4 floors
Over 4 floors
MACAU
150
325
325
ISLANDS
– Taipa
150
350
288
– Coloane
150
300
238

1.2 Rental to be paid

The rental amount depends on the total number of floors and varies according to implementation.

The values here provided are for reference only.

  • During implementation: USD1.25/square meter (land area)
  • After implementation: USD1.875/square meter (construction area)USD1.25/ square meter (open area)

Fonte: Serviços de Solos, Obras Públicas e Transportes

Updated on: 25/02/2008