New bureau to be set up to assess public enterprises

2023-05-23 03:04
BY Ginnie Liang
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Directly-elected lawmaker-cum-unionist Ella Lei Cheng I, who chairs the Legislative Assembly’s (AL) 1st Standing Committee, said yesterday that the government would take the committee’s advice on refining the criteria when assessing public enterprises’ performance, which will be conducted by a new bureau to be set up as a replacement of the Public Assets Supervision and Planning Office (GPSAP).

Lei made the remarks during a press briefing after yesterday’s two-hour closed-door meeting by the committee which is reviewing a government-initiated bill regulating the operation and supervision of the city’s public enterprises, with the attendance of Sónia Chan Hoi Fan, a former secretary for Administration and Justice who heads the office.

Chan told reporters after the meeting that new information will be published on the GPSAP website, including the salaries of the members of public enterprises appointed by the chief executive.

According to Lei, who separately talked to the media after the meeting, the revised text of the bill proposes to further clarify the assessment criteria to examine the fulfilment of corporate social responsibilities (CSR) by Macau’s public enterprises, including employees’ career advancement and professional training, talent development of Macau residents, the objective of sustainable development, the support of public welfare and charity, and the compliance with business ethics standards.

The bill proposes that public enterprises’ shareholder meetings will be required to take into account the results of the assessment of the public enterprises’ past performance of members in their respective positions when determining their remunerations.

Chan said she hoped that the bill would be passed still this year and take effect 60 days after its promulgation in the Macau Official Gazette (BO). 


Sónia Chan Hoi Fan, a former secretary for Administration and Justice who heads the Public Assets Supervision and Planning Office (GPSAP) talks to reporters after the Legislative Assembly’s (AL) 1st Standing Committee meeting.
– Photo: Ginnie Liang


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