Project objective: Invest in building a high-rated resort tourism complex, organizing international-class events, an attractive destination for the world. Activities in this complex include: casino business; real estate business, tourism services, hotels, resort villas, resorts; shopping mall complex, offices, conferences, seminars; high-quality sports, recreation and health care facilities.
casino business activities and piloting Vietnamese people to play casino are only carried out when they meet the conditions prescribed by the law on casino business and other relevant legal provisions.
The project area is 244.45 hectares, in Van Yen commune, Van Don district, Quang Ninh province.
Project investment capital: at least 2 billion USD.
The project's operation period shall not exceed 70 years from the date the investor is granted a Decision approving the investor.
The project implementation progress shall not exceed 9 years from the date the investor is allocated land or leased land to implement the project.
investors selection method: assign the People's Committee of Quang Ninh province to determine the form of investors selection to implement the project, ensuring compliance with the provisions of the law on investment, land, bidding and other relevant legal provisions. Investors implementing projects must ensure sufficient capacity and fully meet the conditions prescribed by law.
Regarding the responsibilities of ministries and branches: The Ministry of Finance is responsible for the assigned contents of appraisal of project investment policies according to the provisions of the law on investment and relevant laws and performs the function of state management of casino business according to the provisions of the law on casino business.
Relevant ministries and branches are responsible for the content of the appraisal of project investment policies under their functions and tasks according to the provisions of the law on investment and relevant laws; perform the function of state management of the project according to the provisions of law.
For the People's Committee of Quang Ninh province: Responsible for determining the form of selecting investors to implement the project, ensuring compliance with the provisions of the law on investment, land, bidding and other relevant legal provisions.
Responsible for ensuring national defense, political security, social order and safety during the project implementation; developing solutions on risk management, preventing money laundering and solutions to ensure safety, order and social safety, minimizing negative impacts of casino business activities.
Must be approved by the Ministry of National Defense, the Ministry of Public Security and relevant agencies in case: Issues related to national defense and security arise during the project implementation; Project transfer or transfer of capital contributions, controlling shares, transfer of capital contributions, shares to foreign investors in organizing project implementation...
