South Korea has given the Mohegan Tribal Gaming Authority (MTGA) and KCC Corp. duo the greenlight to build a $5b casino resort at Incheon International Airport.

The Ministry of Culture, Sports and Tourism (MCST) on Friday has issued a new IR license to Connecticut tribal casino operator Mohegan Sun, which partnered with South Korean chemical maker KCC.

The consortium called Inspire Integrated Resort plans to break ground early 2017 and must begin operation by 2020. The Phase 1 is estimated at $1.6 billion, with a total of $5 billion over multiple phases. Mohegan Sun will also be joined by Miura Holdings Asia as part of the development team.

The project will feature a three-tower luxury hotel complex with 1,350 five star and six start guest rooms, a Paramount Studios themed indoor-outdoor amusement park, and a 20,000 square meter casino with 250 tables and 1,500 slot machines.