Saipan Tribune (Saipan)
An affiliate of a CNMI company will build a major resort-entertainment venue and water park near the world-famous Angkor Wat in Cambodia.
Creative Entertainment, an affiliate of Bridge Capital LLC, announced it has obtained a lease of 35 hectares of land the necessary permits and licenses to operate a new attraction to be called the “Kingdom of Dreams.”
The development will be located in the town of Siem Reap, Cambodia.
John Paul Calvo, manager of the project, said the Kingdom of Dreams Entertainment Complex would be built in two phases. The first phase will include an outdoor water park that spans two hectares and is themed to complement the ancient city of Angkor.
“Instead of the traditional Angkor moat, our water park is surrounded by an interactive raft and tube ride that includes a series of rapids, lazy river sections, water blasters, and landings,” Calvo said.
He added that the complex will have a large slot machine game room with an unlimited number of slot machines allowed, a grand 1,500 seat buffet restaurant serving Asian an international cuisine, and a festival village with carnival games, handicrafts, and shopping.
Also part of the initial phase is the construction of a state-of-the-art IMAX theater that will feature an IMAX film to be produced by Creative Entertainment.
The second phase will include a 400-room hotel and roller-coaster amusement park.
Creative Entertainment is affiliated with Bridge Capital, LLC, a financial services company based in the Northern Marianas.
Bridge Capital specializes in real estate acquisition, development, financing, and corporate lending. Although the firm primarily provides bridge financing, sometimes called hard money loans, Bridge Capital also offers financial advisory services to assist clients in corporate restructuring, project finance, and capital planning.
Creative Entertainment, an affiliate of Bridge Capital LLC, announced it has obtained a lease of 35 hectares of land the necessary permits and licenses to operate a new attraction to be called the “Kingdom of Dreams.”
The development will be located in the town of Siem Reap, Cambodia.
John Paul Calvo, manager of the project, said the Kingdom of Dreams Entertainment Complex would be built in two phases. The first phase will include an outdoor water park that spans two hectares and is themed to complement the ancient city of Angkor.
“Instead of the traditional Angkor moat, our water park is surrounded by an interactive raft and tube ride that includes a series of rapids, lazy river sections, water blasters, and landings,” Calvo said.
He added that the complex will have a large slot machine game room with an unlimited number of slot machines allowed, a grand 1,500 seat buffet restaurant serving Asian an international cuisine, and a festival village with carnival games, handicrafts, and shopping.
Also part of the initial phase is the construction of a state-of-the-art IMAX theater that will feature an IMAX film to be produced by Creative Entertainment.
The second phase will include a 400-room hotel and roller-coaster amusement park.
Creative Entertainment is affiliated with Bridge Capital, LLC, a financial services company based in the Northern Marianas.
Bridge Capital specializes in real estate acquisition, development, financing, and corporate lending. Although the firm primarily provides bridge financing, sometimes called hard money loans, Bridge Capital also offers financial advisory services to assist clients in corporate restructuring, project finance, and capital planning.
3 comments:
Yes, yes, yes, keep it coming. That is music to my ear: jobs, jobs, jobs!
More, more, more, please don't stop!
Angkor is considered a holy city, building a casino there is unacceptable. Its like having a pornographic theater nearby a grade s chool.
at what value is the project? when will it be commenced? and where is northern marianas?
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