Resorts World Las Vegas is progressing well and likely to finish on schedule and within budget, with the first phase opening in 2020, Genting said in its annual report.
The concrete works through level 57 of the WestTower and level 54 of the EastTower are completed. The hotel towers are scheduled to reach full height (level 68) in the third quarter of 2019, it said.
Total development and land costs incurred up to 31 December 2018 was about $1 billion. The first phase is estimated to cost about $4 billion and targeted to open by end 2020.
Resorts World Las Vegas has become one of the State’s largest construction employers and a key contributor to the economic growth in Las Vegas with the majority of its jobs generated for the local community, it said.