Sun Group breaks ground on Vietnam’s Van Don casino resortThe project is being promoted as a large-scale investment, with a total price tag of “up to US$2 billion”, Sun Group said in a press release.
The complex is being developed across a site exceeding 244 hectares (603 acres), the company added.
Sun Group stated: “The project is planned under a modern ‘resort city’ model, aiming to create a regional-scale entertainment and tourism destination meeting international standards, integrating a wide range of tourism, accommodation, commercial, and entertainment functions, and operating on a 24/7 basis.”
Sun Group said in August that it had been selected by the country’s authorities as the investor for a US$2-billion resort scheme at Van Don, on the northern coast of Vietnam, which would be permitted to include a “high-class casino”.Sun Group stated in the release that a “key highlight” of the project (pictured in an artist’s rendering) is the “pilot casino gaming and entertainment area allowing Vietnamese citizens to participate in accordance with government policy”.
The firm added that the casino would enhance Van Don’s tourist attractiveness and help to “establish a model capable of competing with major global entertainment destinations” such as Macau, Singapore and Las Vegas, in the US state of Nevada.
According to the press release, the casino component is scheduled to be inaugurated in 2028, with full project completion targeted for the fourth quarter of 2034.
Source: https://www.ggrasia.com/sun-group-breaks-ground-on-vietnams-van-don-casino-resort


Reply













