The Ho Tram Strip casino resort in Vietnam is getting a fresh shot in funding.

New York-based investment fund Harbinger Capital announced it is investing an additional $50 million into the Asian tourism development project. This is the second capital injection the company has made in the past 14 months.

“The total investment in the Ho Tram Strip is now approaching nearly $1 billion of the $4.2 billion planned for the 2.2 kilometer beachfront development,” Asian Coast Development Ltd. (ACDL), owner of the Ho Tram Strip, said in a statement.

Ho Tram Strip spokesman Matthew Underwood told GGRAsia the money is “the second tranche of the US$100 million in fresh capital” that Harbinger Capital had committed to the project.