The full completion of Vietnam’s The Grand Ho Tram casino and resort complex will not be completed until late 2027, according to a report by local media outlet VNExpress.
First opened in 2013 with an initial investment cost of US$500 million, The Grand Ho Tram is planned to be a US$4.2 billion integrated resort once fully complete, offering a casino, 9,000 hotel rooms, an 18-hole golf course, villas and expansive retail options.
The casino, golf course and some hotel rooms have been operational since opening although current investment still stands at US$1.3 billion, VNExpress said.
IAG understands there are currently 1,100 hotel rooms online across two hotel towers while a new apartment and villa complex launched in August.
VNExpress also reports that the project’s developer, Ho Tram Project Company Ltd, has cited the impact of COVID-19, a lack of sufficient infrastructure between the area and Ho Chi Minh City, and bureaucracy for the latest delay in completion.