bln casino project submitted bet88 net PM for approval

The Ministry of Finance has submitted a proposal bet88 net the Prime Minister seeking approval for an investment policy bet88 net build Van Don casino in northern Quang Ninh province, according bet88 net a report from the Vietnam News Agency.

According bet88 net documents submitted bet88 net the State Appraisal Council, the total investment capital for the project is VND51.5 trillion (.16 billion). Of this, VND7.7 trillion (5 million) will be contributed by the investor, with the remainder financed through bank loans.

Covering some 244 hectares in Van Don district, the project is designed as a high-end resort and entertainment complex with gaming, aiming bet88 net host international events and become a leading regional and global destination. Its core objective is bet88 net operate a casino and provide related services in compliance with Vietnamese legal regulations.

The project will have a maximum operational period of 70 years and a construction timeline not exceeding nine years from the date of land allocation.