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| Leighton Asia and John Holland to build City of Dreams in Macau  Leighton Group companies Leighton Asia (Northern) and John Holland, in joint venture with China State Construction Engineering, had signed a letter of intent with Melco PBL Entertainment, one of the region's leading gaming and entertainment conglomerates, for the construction of the US$1.3 billion (A$1.75 billion) City of Dreams in Macau. The Leighton – China State – John Holland Joint Venture will be responsible for the construction of one of Macau's largest integrated gaming and entertainment resorts.Construction will commence immediately and the project is due for completion in the second half of 2008. The project is located on the Cotai Strip, an area of reclaimed land the Macau Government intends to develop into the "Las Vegas of the East". Macau has been an established gaming market for more than 40 years. It is undergoing a casino-led boom brought about by the Macau Government's decision to allow foreign casino operators into the market. write your comments about the article :: © 2006 Construction News :: home page |