Published:  14:08 Tuesday - August 02, 2011

This project of casino in Phu Quoc needs at least 4 billion of capital from investors

Phu Quoc is Vietnam’s largest island. The district of Phu Quoc includes the island proper and 21 smaller islets. Being compared as a “Tourist Heaven”, Phu Quoc Island is one of the most attractive destinations in Vietnam travel.

The southern province of Kien Giang plans to allocate 130 hectares to a resort with casino on Phu Quoc Island. However, investors must have at least $4 billion of capital. 

Kien Giang’s Vice Chair Dang Cong Huan on July 30 said that local, central officials and international investors met to discuss this project.

The plot of land designed for this project is located in Da Chong ground in Bai Thom commune. Kien Giang will choose a foreign investor which commits to invest at least $4 billion in the project, in the form of bidding.

The casino must cover around 30,000sq.m, which is sufficient to arrange 200-400 gambling tables and 2,000 gambling machines.

The resort must have an international-standard convention center and five-star hotels with around 3,000 rooms.

Huan said that the local government would collect the land fees once, for up to 70 years of duration. The casino will be licensed for less than 30 years.

If the  project of casino in Phu Quoc Island comes true,  this “Tourist Heaven” will attract more tours inVietnam from both domestic as well as international.

Tours in Vietnam -  Vietnam Travel