And construction could be delayed
Lisboa Palace may cost more than expected
(Macau).- Ambrose So Shu Fai, SJM Holdings CEO, is worried that Lisboa Palace casino-resort in Cotai may cost more to build than envisaged because labour and materials are becoming more expensive.
2014-06-09
Reading time 13 seg
(Macau).- Ambrose So Shu Fai, SJM Holdings CEO, is worried that Lisboa Palace casino-resort in Cotai may cost more to build than envisaged because labour and materials are becoming more expensive.
The Hong Kong newspaper quotes So as saying he is also worried that the project may be delayed.
The present budget for the Lisboa Palace is US$ 3.87 billion.
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