Macau concessionaire SJM will launch open tenders for food stalls to be set up inside Kam Pek Community Centre as part of its efforts to transform the building into a food and beverage landmark. The building will be named Kam Pek Market, according to information contained in a local media advertisement on Friday.
SJM’s update follows a 21 May announcement by the company that it would acquire Kam Pek Community Centre and redevelop it into a food and beverage landmark, part of its commitment to revitalize historic districts under its 10-year concession contract.
The open tender for local businesses to establish stalls will be launched in mid-August.
SJM previously stated the acquisition of Kam Pek Community Centre at a consideration of HK$166 million is part of its commitment to non-gaming investment in Macau and an important part of the integrated revitalization of Avenida Almeida Ribeiro.
