The Cape Verdean government has awarded Macau businessman David Chow, the promoter of the Gamboa/islet of Santa Maria project, the tourism merit medal for his contribution to the country’s economic development, with the distinction approved on Friday by prime minister Ulisses Correia e Silva and published on Monday in the Official Gazette.
The Macau Legend Group, owned by David Chow, is building a tourist complex in Praia, which includes a hotel, marina, convention centre and casino, an estimated investment of US$250 million, representing approximately 15% of Cabo Verde’s (Cape Verde’s) Gross Domestic Product (GDP).
The distinction aims to “recognise the extraordinary role” Chow has played in the “economic and social development of the Cape Verdean State” and to “pay merited tribute” to the entrepreneur for the “significant service provided in the promotion of the tourism industry,” said the government order quoted by the Inforpress news agency.
David Chow Kam Fai, 68, a businessman in the tourism, entertainment and gaming sectors in Macau, first started working with Cape Verde in 2001, when he became honorary consul.
In 2015, he agreed with the Cape Verdean authorities to build the Gamboa/Islet of Santa Maria project, whose first stone was laid in February 2016.
The entrepreneur was recently in Cabo Verde to relaunch the project, which has undergone some changes, and announced at the time he had met all the requirements of the Bank of Cape Verde to open his own bank in the country. (macauhub)