According to newswire Vnexpress, the Ministry of Planning and Investment (MPI) has proposed the prime minister to permit to adjust the capital added to Laguna Lang Co from $175 to $300 million, increasing the project’s total investment capital from $874 million to $2 billion and open a casino while adjusting the duration of building the project (including the casino and other stages), based on the proposal of Thua Thien-Hue People’s Committee and the investor.According to the investor’s plan, the casino is expected to come into operation by 2021 with 500 electronic gaming machines and 50 card shufflers. The figures are expected to increase to 2,000 machines and 200 card shufflers by 2029. Besides, the investor will add six five-star hotels and more than 2,200 villas and apartments.Before sending the document to the prime minister, MPI reminded the investor to improve its financial capacity and prepare feasible operation plans in line with Vietnam’s regulation in order to control the operations as well as prevent the negative impacts of the casino business on Vietnam.Regarding the duration of the construction, MPI proposed the prime minister to permit the investor to develop it by 2026 instead of 2030 as the investor requested.If approved, Laguna Lang Co will… Read full this story
- Gruden’s bye week plans include crash course for new Raiders receiver Zay Jones
- Edited Transcript of FLL earnings conference call or presentation 8-Aug-19 8:30pm GMT
- Sir Alan Sugar splashes out on £46k watch from Plymouth shop
- VIETNAM NEWS HEADLINES OCTOBER 10
- Letter from the Canaries – November
- Buddy Holly in Minnesota? Hologram tours of old stars are the hot new concert trend
- Face of Plymouth 2018 final shortlist revealed
- Face of Plymouth 2018: You choose the winners
- Last chance to vote for Face of Plymouth 2018
- Vietnam transport ministry cancels int'l bidding for national expressway project
Laguna Lang Co to receive casino add-on by 2021 have 287 words, post on www.vir.com.vn at December 31, 2017. This is cached page on Vietnam Art News. If you want remove this page, please contact us.