Banyan Tree helps resort pick casino operator

Singapore

A BANYAN Tree subsidiary will be helping a Vietnamese operator of luxury resorts identify companies that can operate its proposed integrated casino entertainment facilities. Banyan Tree Capital (BTC) will oversee the request-for-concepts process for Laguna Lang Co, which runs an upscale resort north of Da Nang.

BTC has named Global Market Advisors as strategic procurement advisers. A website portal (www.lcmp-rfc.com) has been launched for parties to submit their concepts for the development and operation of such facilities.