Las Vegas Sands Corp. is willing to invest in Hanoi and Ho Chi Minh City at a combined investment capital of up to US$6 billion (MOP48 billion).
“Our preliminary project only designed one integrated resort in Ho Chi Minh City. But then I arrived in Hanoi and talked to many people in the hospitality industry and tourism and I now think Hanoi has the same potential as Ho Chi Minh City,” the company’s chairman and chief executive officer Sheldon Adelson told the Vietnam Investment Review.
Mr Adelson acknowledged he had visited Vietnam last December and discussed the projects with local officials.
He also unveiled some details on the Ho Chi Minh City project, saying the architectural design resembles the sails of a junk.
“We designed two buildings to look like two sails on one ship. The idea is to build a building that goes with the identification of the city. The water and the river are so much a part of Ho Chi Minh City,” Mr Adelson said.
He also stressed the need for both integrated resorts to include casinos, but didn’t provide further details.
Las Vegas Sands is the parent company of Sands China Ltd.
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