Assumption, IP.- The American businessman Simon Falic, a member of the group of investors interested in installing the Hard Rock Hotel and Casino in Ciudad del Este, informed the President of the Republic, Horacio Cartes, this week regarding the progress of the project and announced that the construction of a A large-scale complex in the eastern part of the country with a million-dollar investment might begin before the end of the year.The Minister of Industry and Commerce, Gustavo Leite, who was present at the audience held last Thursday by the Head of State with businessman Simon Falic, highlighted the progress in the project that foresees the installation of the Hard Rock Hotel and Casino in Ciudad del This.
“Mr. Simon Falic informed the President that all the conditions in the United States of the Hard Rock, Hotel and Casino Company, as well as the New Jersey State Gaming Commission, have already been approved,” the minister explained.
Leite highlighted the fact that the investors have achieved the company’s agreement to settle in Paraguay. “This is a great advance, since an American company like Hard Rock, Hotel and Casino cannot go somewhere without having the peace of mind that the country where it is going to establish itself has certain serious legal gaming rules; That is also good for Paraguay,” he remarked.
The minister commented that the President of the Republic has also been informed regarding the architectural studies that are already being completed for the work, which will be taken into account when choosing the specific place where the complex will be installed.
“If God wants, construction will begin before the end of the year, we will work for it; There are still a lot of procedures, but progress is being made and I believe that the most important thing has already been achieved,” he said, referring to the conditions that have already been met for the investment to take place in Paraguay.
This is the second visit that the American businessman has made to the President of the Republic, regarding the investment plan in our country. Simon Falic is the one who leads a group of American businessmen who intend to build and operate the Hard Rock, Hotel and Casino in Ciudad del Este, a project that has an approximate investment amount of between 70 to 80 million dollars.
“It would be a large tourist complex, with a resort, casino, 250 rooms, a lot of parking, something very important is that the place provides the possibility of parking, because it will be a project that will mark a before and following in Ciudad del Este “, highlighted the minister.
He also indicated that it is intended to frame this initiative within the urban plan that is being undertaken in Ciudad del Este, in a coordinated work with the Government of Alto Paraná and the Municipality of the area. “So we are going to do it as quickly as possible but burning through all the stages. Back, the most important thing is that the authorizations from the United States, from the side of the investors and from the side of the State Gaming Commission, have already been given,” stated Leite.
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2024-04-26 22:55:05