Macau businessman lays first stone of tourist complex in Cabo Verde

11 February 2016

The first stone of the tourism project in the islet of Santa Maria in Praia, the capital of Cabo Verde (Cape Verde), was laid Monday by Chinese businessman David Chow who is also consul of the archipelago in Macau, the Cape Verdean press reported.

The Prime Minister of Cabo Verde, who attended the ceremony, said this project would make Cabo Verde reach a higher level of tourism, developing both tourism and other economic sectors and creating many jobs.

This tourist resort, the largest in Cabo Verde, will occupy an area of ​​152,700 square metres and will launch the gambling industry in the archipelago, should be ready within three years and during construction will provide more than 2,000 jobs.

The complex in Santa Maria islet includes a hotel/casino, a marina, a pedestrian area with shops and restaurants, a conference centre, hotel and residential facility in the area of ​​Praia da Gamboa and a parking area.

David Chow, who owns casinos in Macau, has received a 25-year license from the Cape Verdean government, 15 of them on an exclusive basis on the island of Santiago, and the gambling concession cost the CV Entertainment Co., a subsidiary of Macau Legend Development, US$1.35 million. (macauhub/CV)