Vietnam’s Prime Minister, Nguyen Tan Dung, has approved a new location for a proposed casino resort on Phu Quoc Island off mainland Vietnam’s Kien Giang province, reports Vietnamnet.
The site to be pitched to investors will be at Bai Dai Ecotourism Area in Ganh Dau Commune on the island instead of Bai Thom Commune.
Vietnamnet in April reported that no foreign investor had been found for the originally proposed site.
The complex proposed for the new site is expected to have 3,000-rooms worth of luxury hotel space, a conference centre and a casino with 200 to 400 live tables and 2,000 gaming machines, reported the online news portal.
Locals are currently barred from playing in Vietnamese casinos. The government is said require a minimum US$4-billion investment for any international-standard Phu Quoc gaming and entertainment facility. Approval in principle for a casino resort on Phu Quoc was granted in December by the central government.
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