Australia-listed Silver Heritage Group has set aside an additional AUD$18 million ($13.8 million) to fund the construction of its multi-million dollar integrated resort in Nepal, which has already been plagued by delays.

The additional budget jacks the price tag of Tiger Palace Resort Bhairahawa to a total of AUD$70.3 million (US$53.5 million). The original cost had been estimated at $52.3 million (US$39.8 million).

In a filing before the Australian Stock Exchange, Silver Heritage that the company needs an additional US$13.8 million as it implements new project management measures that will ensure the opening of Tiger Palace.

The company has since appointed a new team of experienced Asia executives, led by Adam Titus, who most recently worked with MGM Resorts in Macau and Okada Manila.