Construction of a multi-million casino in Cape Verde launched
A multi-million casino project has been launched in Cape Verde. Touted as the most modern gaming resort in Africa, .Macau Legend is the firm behind the construction of the casino.
The USD250 million gaming resort is being constructed at Praia, capital of the Cape Verde islands. The facility will occupy 152,700 m2 and will be an integrated resort and gaming facility. It will take three years to complete.
The project aims to increase tourism numbers from the current 60,000 to 1 million.
Macau Legend co-chairman David Chow, Co-Chariman and CEO of Macau Legend, laid the first stone during a ceremony to start the construction process. He said that the political stability in the Portuguese-speaking country informed the decision to construct a Casino there.
Chow added that with a number of international routes connected to the rest of the world, it is able to attract tourists from North Africa, West Africa, Europe, South America, Central America and the Caribbean, thereby creating a new market.
Tourism in Cape Verde is the main foreign exchange earner. The sector in 2014 accounted for 22% of GDP.