The function of a Project Coordination Committee is to act as the government liaison empowered to work directly with the developer to advance the development of a project. While it is a positive step forward, general economic conditions, competition, new ventures, government regulation, customary for projects of this scale in China.
Statements in this press release, which are not historical facts, are "forward looking" statements that are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Forward- looking statements involve a number of risks, uncertainties or other factors beyond the company’s control, which may cause material differences in actual results, performance or other expectations.
These factors include, but are not limited to general economic conditions, competition, new ventures, government regulation, legalization of gaming, interest rates, future terrorist acts, insurance, and other factors detailed in the reports filed by Las Vegas Sands with the Securities and Exchange Commission.