The multi-property resort complex is being developed by ACDL under an investment certificate from the Government of Vietnam, the first of its kind.
This transaction is another major milestone for ACDL and accelerates the development of our second resort and the entire Ho Tram site.
, through its wholly-owned subsidiary Ho Tram Project Company Ltd, is the developer of the Ho Tram Strip, a group of integrated resorts to be located on more than 400 acres of land and more than two kilometers of pristine beach in Ho Tram, Vietnam and approved in an Investment Certificate issued by the Government of Vietnam.
She said, however, that Tom Woewieju introduced the Taylor rebellion to her and other members of the ACDL
ACDL said that Mr Brooks, who following TBI's takeover was 'locked in' by the new management for a year, wished to take a 'less demanding day-to-day role' following the successful integration.
ACDL added that Mr Brooks and his team had successfully built the company into one of the leading airport operators in the UK, Europe and the Americas over the past 11 years.
Abertis's key contribution to the ACDL
consortium comes through its infrastructure expertise and its considerable financial muscle.
Nathan, who has conducted business in Asia for more than two decades, will manage the ACDL offices in Vancouver and Vietnam.
I look forward to leading ACDL and working with the management team in realizing the immense potential of the Ho Tram project," Mr.
is a new company formed especially to make the offer.
Pinnacle and ACDL
expect that the second integrated resort, which will be branded as a distinct and premium resort, will be similar in project scope to the MGM Grand Ho Tram resort that is currently under construction.
Capitalized interest in the 2011 third quarter, related to the Company's L'Auberge Baton Rouge growth project and ACDL
investment was $2.