💰 Saipan casino vows to finish project | RNZ News

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Despite the difficulty in recruiting construction workers, the company building a casino resort in the Northern Marianas has vowed the project.


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More than six months after super typhoon Yutu battered Saipan, engine of growth – a Chinese-funded casino project - is mired in deep losses.


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Revenue from Imperial Pacific International's Saipan casino has dwindled overseas, labor lawyer Aaron Halegua highlights the IPI project.


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Imperial Pacific International Holdings Ltd, the developer of a casino resort on the Pacific island of Saipan, says it has bought 50 percent of a.


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Imperial Pacific International Holdings Ltd, the developer of a casino resort on the Pacific island of Saipan, says it has bought 50 percent of a.


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Despite the difficulty in recruiting construction workers, the company building a casino resort in the Northern Marianas has vowed the project.


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construction site [on the American island of Saipan], it was building a gargantuan casino with a crew of hundreds of Chinese, scores of them working illegally on.


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But guest room construction has lagged amid alleged illegal labor, unpaid wages and worker injuries, including at least one fatality. Last month.


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But guest room construction has lagged amid alleged illegal labor, unpaid wages and worker injuries, including at least one fatality. Last month.


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construction site [on the American island of Saipan], it was building a gargantuan casino with a crew of hundreds of Chinese, scores of them working illegally on.


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Labor shortages due to federal restrictions limiting the number of foreigners allowed to work in Saipan have affected businesses across the tiny island — home to around 50, people - where tourism is the main economic driver. Austerity measures such as reducing utility hours have also taken effect. Discover Thomson Reuters. The project has contributed to around 60 percent of government revenues through taxes and operating fees. Business News. Imperial is also trying to secure a acre land plot on the north west of Saipan to build a mega resort with convention facilities and thousands of hotel rooms. Reporting by Farah Master. Imperial has been granted multiple extensions after missing deadlines to complete the project and local legislator Christina Sablan said there were concerns it would need to seek a further extension because of problems securing the workforce needed to finalize construction before the current deadline. Directory of sites. Imperial is also involved in several legal cases including one brought by former construction workers who say they were victims of forced labor and human trafficking. Farah Master.

SAIPAN Reuters - More than six months after super typhoon Yutu battered Saipan, recovery efforts are making little saipan casino project with the government facing cash-flow problems as its once vaunted engine of growth — a Chinese-funded casino project - is mired in deep losses.

Editing by Lincoln Feast.

Imperial Pacific declined repeated requests for comment. Locals like Rizalina Liwag, principal of Hopwood Middle School, are hoping the government can come up with funds to rebuild their campus, destroyed by Typhoon Yutu. United States. However, Imperial Pacific posted a record loss in due in part to massive uncollected debts, and is far from finishing its glitzy resort that was initially due to open two years ago. On a recent Saturday afternoon, only four of around baccarat tables were occupied, while the rest of the casino lay empty and VIP sections were closed off. Hundreds of people remain in makeshift housing and some schools are teaching students in tents on the tiny Western Pacific island, a U.