The investor of the Ho Tram Strip project has just received an adjustment license approving the prize-winning game business and opening the first phase of the project with casino for foreigners. > $ 4 billion casino complex started early> ‘Casino investment opportunities in Vietnam are huge’
Asian Coast Development Ltd (ACDL) has just released an announcement on the official approval of the amendment of the investment certificate. Mr. Lloyd Nathan, Managing Director of Asian Coast Development Limited (ACDL) told VnExpress: “The adjusted investment license approves the company to sell prize-winning games, and confirms that the company is allowed to open. Phase one of the project with casino for foreigners ”.
Without completing the details, ACDL said phase one of the project, including the casino area, will open this year. ACDL confirmed that the project was granted an investment license in March 2008. The adjustment to re-confirm the investment items has been reflected in the previous License, while also adjusting the derivatives from the categories. approved investment item. “The category includes 180 dealer tables and 2,000 foreign prize machines licensed in March 2008 and what ACDL has invested in the project so far remains unchanged”, said the ACDL.
The completion of the Ho Tram Strip will include two resort complexes with award-winning entertainment facilities and three other five-star resorts, a world-class golf course designed by Greg Norman and other properties. related side. The project is located on an area of more than 164 hectares along a 2km long deserted beach.
Currently, the first phase of the first resort has been completed, including a 541-room hotel tower, restaurant, expats game area, shopping mall, bar and lounge. location, relaxing spa, three outdoor swimming pools. ACDL is currently building the second tower of the first resort, adding 559 five-star rooms. In addition, an 18-hole international golf course designed by Greg Norman is also under construction.
The total registered capital of the project is more than 4 billion USD within 10 years, of which phase 1 with a total cost of nearly 500 million USD. According to the plan by 2020, after completing the whole project, there will be 9,000 5-star rooms, 180 cards, 2,000 video game machines, golf courses, and entertainment.
Ho Tram Strip is currently the largest tourist complex project in Vietnam, with five 5-star hotels, two of which are equipped with an entertainment center with an award-winning game, along with a high golf course
In November 2008, ACDL signed an agreement with MGM to carry out pre-opening and management services for the first resort in the Ho Tram Strip tourism complex. However, by the beginning of March this year, MGM withdrew from the casino complex of Ho Tram.