After a prolonged delay, work on Vietnam’s second integrated resort casino is expected to commence later this month.

On Tuesday, Vietnamese officials announced that the developers behind the Nam Hoi An Casino Resort in the UNESCO heritage city of Hoi An in Quang Nam province would break ground on the $4b project’s first phase starting April 23.

The project is a joint venture of Vietnamese investment banking firm VinaCapital, Hong Kong-based retailer Chow Tai Fook Enterprises and Macau junket operator SunCity Group. Chow Tai Fook is the lead partner in the JV, having acquired VinaCapital’s majority stake last September, although VinaCapital announced on Tuesday that it would boost its stake from 22.5% to 32%.

The first phase of the Nam Hoi An project is tipped to cost $500m, covering 160 hectares of ground with an expected completion date of Q1 2019. The project will join the Ho Tram Strip resort as the only other integrated resort in Vietnam offering high-end gambling to international tourists.