Developer VinaCapital has signed a new partner to replace the departed Genting for its proposed $4bn casino resort in South Hoi An, Vietnam Investment Review reports.
VinaCapital did not identify the new partner but it is speculated to be Chow Tai Fook Enterprises from Hong Kong.
Privately owned American company Peninsula Pacific had replaced Genting initially but has since stepped out, it is reported.
VinaCapital wants to start construction next year, with the resort to open in 2017.
Source: Fantini Report
