Laguna Lang Co Extends RFC Submission Deadline

Laguna Lăng Cô in the Thua Thien-Hue province of Vietnam has extended the submission deadline for its Request for Concepts (RFC).

The new deadline of 15 September 2015 provides prospective investors and companies an additional six weeks to submit their concepts for the world class integrated entertainment facilities at the resort, managed and developed by the Banyan Tree Group.

A Request For Concepts for the gaming facility was issued by Laguna Lăng Co on 26 May 2015 for an integrated entertainment facilities, which would comprise a gaming complex at its Laguna Lăng Cô master-plan development located along central Vietnam’s coastline.

It recently entered Phase II of its master plan development: a condominium development and additional residential hill villas overlooking the East Sea.

Phase I comprised of a 57-villa Banyan Tree resort, 229 room Angsana resort, luxury residences, Nick Faldo designed championship golf course, two spas, ten restaurants and bars and a conference center.

Phase IIA will include additional luxury accommodations and the possible addition of a gaming facility.

Andrew Klebanow, a partner at Global Market Advisors, the firm conducting the gaming market assessment for the games facility said, “Vietnam is experiencing an exciting time in the gaming industry, with the potential loosening of the country’s gaming law expecting to attract more foreign investments. We believe that this extension is necessary in order to allow parties time to fine-tune their concepts as well as encourage more investors to participate in this RFC process.”

Banyan Tree,