Laguna Lăng Cô’s five-year anniversary: the handover of increasing investment capital certification and casino license
Lang Co, Thua Thien Hue, 5th June 2018 – Laguna Lăng Cô, the first integrated resort in Vietnam celebrated its five-year anniversary with a series of sensational events from 25th to 27th May 2018. One highlighted event during this significant milestone was the handover ceremony of increasing investment capital certification and casino license in Angsana Ballroom on 26th May.
The handover ceremony of increasing investment capital certification with casino license
On 26th May, right after the impressive fashion show by Do Manh Cuong on hole No.3 of Laguna Golf Lăng Cô was the handover ceremony of increasing investment capital certification for Laguna Lăng Cô.
This certification and the casino license were presented by Chairman of the Provincial People’s Committee Mr Nguyen Van Cao to Executive Chairman of Banyan Tree Holdings Mr Ho Kwon Ping at Laguna Lăng Cô. The project expansion from 2018 to 2022 will see an increased investment capital from USD 875 million to USD 2 billion and include a casino operation on its existing land. Integrating a casino within the beach-golf resort which is in close proximity to 3 UNESCO Heritage Sites provides a unique culture, sporting and entertainment destination experience that will further boost tourism for the Thua Thien Hue region and attract global travelers.
The certification and casino license were presented by Mr Nguyen Van Cao to Mr Ho Kwon Ping
Mr. Nguyen Van Can, Chairman of the People’s Committee of Thua Thien Hue province, raised his passion for the continued government’s support to facilitate the project expansion
Mr. Ho Kwon Ping, Executive Chairman of Banyan Tree Holdings, delivered speech
showing commitment of investors in this project
The ceremony welcomed representatives from government, and Laguna Lăng Cô’s investors and management team
As planned, Laguna Lăng Cô will construct and manage a casino that will be one of a few luxurious international-scale casinos based in Vietnam, supplying 200 live tables and 2,000 slot machines. Once its Phase 2 is completed, Laguna Lăng Cô will add in its project two to three large luxury hotels, MICE facilities, luxury private residences, non-seasonal attractions, sporting and entertainment activities, and a casino center which will increase global awareness of the resort and allow it to be promoted as an integrated holiday destination.
