the Gambling giant Genting Malaysia started with the implementation of its 10-year-old Genting Integrated Tourism Plan (GITP) back in 2013, and is prepared to invest RM10 billion (€2.2 billion) to the Resorts World Genting (RWG) facility a huge make-over. The plan is executed in different phases and the main focus of the plan is to add a number of non-gaming facilities.
However, Genting Malaysia Chairman and Chief Executive Tan Sri Lim Kok Thay confirmed that the plan involves the increase of the number of gaming tables in the factory, without increasing the gaming floor area. In a statement, the Cook, and She said:
We would start with ” soft open‘ part of it at the end of this year, and gradually roll everything out next year. There will be a new gaming location, but no extension. If there are more tables in the same space, why not?
The Genting Integrated Tourism Plan (GITP) will also look to upgrade and expand various facilities and attractions in the Resorts World Genting property. The plan is to reveal them in stages and the first round will be the end of this year. The first phase of the 10 year plan is the start of the Twentieth Century Fox World theme park, which is developed on the RWG with an investment of more than RM2 billion. The park is expected to be one of the biggest attractions on the design and introduction of new state-of-the-art rides once the park is open to the public.
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Another unique offer in the factory, Sky Avenue mall designed as a lifestyle mall and shopping destination located at almost 6,000 feet above sea level.
Genting hopes that this distinctive attractions will help achieve its target of 30 million visitors to RWG by the year 2020. The investment for the first phase is increased from RM4 billion to RM8.11 billion.
The casino is also the promotion of the facilities to support the expansion. Parking has been increased by 8,000 car park bays, which will be the total of the parking spaces to 18,000. A new high-speed cable-car system will be introduced which will carry twice the number of passengers than what the current system does. The resort expansion will also result in more than 7000 new employees, for whom accommodation will be built.
Phase 2 of the GITP to see the development of luxury hotels in Resorts World and a huge entertainment arena with a capacity of 10,000. Investment for this phase is estimated to be in the range of RM2 billion.