Designating the government-owned Macau Urban Renewal Limited (MUR) as the executing organization will be beneficial to urban renewal projects, the Macao Community Development Initiative (MCDI) suggested in a recent letter of opinion.
Represented by its managers, such as former lawmaker Au Kam San, the MCDI called on the government to identify the MUR as the sole executor in Article 3 of the draft of the Urban Renewal Legal System Act, now being analyzed and discussed at the 2nd Standing Committee.
In so doing, the MUR will become the sole leading entity to commence and execute urban renewal projects.
In addition, the group explained that any urban renewal project has a significant budget, which is usually the main reason behind a project not moving forward. With the MUR taking the lead, projects can commence more readily.
More importantly, the group pointed out, giving the MUR a clear leading role in urban renewal projects will realize the goal behind establishing the company, which is to improve and bring cohesion to the local living environment. It can also take in broader considerations in urban renewal projects by not only improving individual buildings, but their neighborhoods as well. AL
