Jimei International Entertainment Group Ltd. is planning to develop a resort in Cambodia’s coastal town of Sihanoukville.
Last week, the Macau junket operator announced that it has a framework agreement in place for a joint venture with other partners for an “entertainment resort complex.”
Jimei’s partners for the said project are Cambodian resort developer Yeejia Tourism Development Company Ltd., and MCC International Incorporation Ltd., a “large comprehensive construction general contract enterprise” in mainland China.
Under the agreement, Yeejia will be in charge of providing the land use rights on the proposed site, as well as all relevant approvals and licenses for the resort, while Jimei will plan the resort and arrange the financing for the venture.