Moving ahead with plans for casino development, the government of Taiwan is looking to hire a consultant to assist in the planning of a casino resort on one of the nation’s outlying islands.
The consultant is expected to plan a casino resort that will require an investment of NT$60 billion—about $1.8 billion.
The government is expected to create a new agency at some future date that will eventually run the casino business. However, the property first will be built and managed by an experienced operator.
Dow Jones cites and unnamed tourism ministry official who said, “We are aiming to conduct the tender in June and select the consultant as early as July.”
Planning will take about one year, the official said.