FIJI NEWS
August 05, 2012 12:00:00 AM
  Follow @ Twitter

The construction of the first phase of Fiji casino will commence this month in Denarau Island, Nadi.

This was confirmed by One Hundred Sands managing director Larry Claunch at the Fiji Business Forum at the Holiday Inn in Suva yesterday.

The $290 million project has raised another bar in raising $400 million internationally for the five star integrated hotel.

“It was said the $290m would take two years to raise after the license is issued, but we raise $400m in just 6 months,” said Claunch.

Claunch said they will start with the construction as soon as this month as the fund is readily available.

He said they have been raising this much money offshore proves that Fiji has a healthy financial environment.

Claunch has reassured that it would open by October, 2013.

He said around 500 people will be employed during the construction phase and between 600 to 850 people mare expected to be employed during operations.

The integrated resort will have 500 slot machines and 57 games table, poker area, race and sports book, and an exclusive high stakes gaming area.

There will be four restaurants, high energy night clubs, and 174 hotel rooms.

For a phase 1 project, they are planning to construct 144 suites, 16 junior suites, 12 executive suites and 2 presidential suites.

It will also have a 1600 seat state-of-the art convention centre.

By Ropate Valemei




 

bang-bang


PREVIOUS STORY
i-Taukei fear for their rights: Ghai
NEXT STORY
Disabled want facilities to live: Ghai

Post a Comment
Bookmark and Share

 


Posted Comments
No comments, but you can post the first comment!
   





Has the daylight saving been workable for you?
 Yes
 No


Poll Results: Current | Previous

Has the daylight saving been workable for you?
Yes
 38%
No
 62%



More Polls
Press Esc to close this window
BUSINESS
It's a fair budget, says top exporterFiji's top exporter, Mark Halabe has labelled the 2015 National Budget as "fair" and says the Government has delivered what it promised to the people.
SPORTS
Fiji beat Samoa, Cooks, to face Philippines nextThe senior Fiji's men's team are out for win against the Philippines today in what is also their final match of the Twenty20 component of the tournament in Lismore.
WORLD
'Green'-tinted SUVs at Seoul Motor ShowGas-guzzling SUVs, eco-friendly electric cars and the odd brave attempt to marry the selling points of both are taking centre stage at the biennial Seoul Motor Show.
TECHNOLOGY
Vodafone Fiji, Tonga telco in allianceVodafone Fiji and Tonga Communications Corporation today signed a strategic partnership alliance that will allow the Tongan company to leverage off the experience of their Fijian counterparts.
ENTERTAINMENT
Moorhouse to release debut albumNew Zealand 2013 The X Factor fan favourites Moorhouse will release their debut self-titled album that will include their brand new single Somebody Loves You on December 5.
HEALTH/FITNESS
Clean-up day to curb dengue outbreakFiji's Ministry of Health has declared a clean-up day next Thursday for residents in the central division as it ups the tempo against a dengue fever outbreak currently experienced in the country.
NEWS SPORTS INFOTAINMENT SERVICES MOBILE EXTRA HOT TOPICS