The complex, including hotels, restaurants, convention and shopping centres, spa, gymnastics centre, theatre, museum and other entertainment areas, will be built at a cost of more than $2 billion.

Las Vegas Sands, builder of the world’s largest tourism complexes, will implement the project like Marina Bay Sands in Singapore.

Las Vegas Sands’ CEO Sheldon Adelson revealed the plan at a meeting with Secretary of Ho Chi Minh City’s Party Committee Le Thanh Hai on December 7.

Adelson said Vietnam had great potential for building tourism sites and entertainment complexes to attract visitors and develop the country into a destination for international conferences, trade fairs and exhibitions.

He expressed his hope that once completed, the project will become a symbol for the city, like Marina Bay Sands in Singapore.

Hai appreciated the group’s plan to invest in the city and said that it is the country’s biggest economic hub and a gateway to the world, especially to Southeast Asia./.