Quang Nam Casino Moves Ahead

Sat, Apr 4, 2015

After a number of delays, the $4 billion casino resort in Nam Hoi, Vietnam is apparently back on track. Officials in central Quang Nam Province has approved licensure to a joint venture team that includes VinaCapital, Chow Tai Fook and Sun City.

Gaming regulators in Vietnam have approved a casino license for a development team that includes VinaCapital, Chow Tai Fook and Sun City. The partners will invest an initial 0 million in the casino project planned for the Quang Nam Province, according to Vietnambreakingnews.com.

The US$4 billion resort at Nam Hoi An has been on and off since it was first proposed in 2011, the website reported. VinaCapital would reportedly hold an 80 percent stake in the project. The rest would be owned by Genting Berhad.

**GGBNews.com is part of the Clarion Events Group of companies (Clarion). We take your privacy seriously. By registering for this newsletter we wish to use your information on the basis of our legitimate interests to keep in contact with you about other relevant events, products and services which may be of interest to you. We will only ever use the information we collect or receive about you in accordance with our Privacy Policy. You may manage your preferences or unsubscribe at any time using the link in our emails.