Sterne Agee analyst David Bain unveiled the news

Studio City to resume construction in 45 days

(Macau).- Melco Crown Entertainment’s Macau Studio City project will resume construction in about 45 days, according to a new report from Sterne Agee & Leach Equity Research.
2012-06-22
Reading time 15 seg
(Macau).- Melco Crown Entertainment’s Macau Studio City project will resume construction in about 45 days, according to a new report from Sterne Agee & Leach Equity Research.

Sterne Agee analyst David Bain unveiled the news, without citing a source for the information, Bloomberg reported.

Mr Bain added Studio City should begin operations within three years.

Melco Crown bought a majority stake in the Studio City project last year.

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