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ACDL APPOINTS RLB AS QUANTITY SURVEYOR AND PROJECT MANAGER FOR HO TRAM STRIP PROJECT PHASE 1

Ho Chi Minh City: 28 December, 2010: Asian Coast Development (Canada) Limited today announced that it has appointed Rider Levett Bucknall as its Quantity Surveying and Co-Project Management partner for phase 1 of its Ho Tram Strip Project – the MGM Grand Ho Tram Resort.
 
“With today’s announcement, we continue to ensure that the companies associated with the Ho Tram development are best in class. Rider Levett Bucknall has been involved with the construction of some of the largest, tallest, and most complex buildings in Asia and globally.  Importantly, it has proven expertise in the successful construction of large scale integrated resorts both in Macau and in Singapore.” said Asian Coast Development (Canada) Limited CEO, Mr. Lloyd Nathan.
 
“I am delighted to formalize our now two year close relationship with RLB.  They share our vision both for the Ho Tram Strip as a whole and for the importance of bringing something of value and quality to Vietnam.” Mr. Nathan continued.
 
RLB will be the quantity surveyors and joint project managers for phase 1 of the Ho Tram Strip. The company is a global consulting service with extensive experience in development and construction in Vietnam as well as worldwide.
 
“Rider Levett Bucknall is privileged to be working with ACDL on the MGM Grand Ho Tram resort development in Vietnam. We are indeed proud that our Vietnam practice has been given the opportunity to play a major role in the development of this mega resort project,” said Mr Brian Dackers, Rider Levett Bucknall Global Chairman.
 
In Asia, RLB has worked on some of the region’s most iconic commercial, retail, and hospitality projects, including Hong Kong’s International Finance Centre and Singapore's Raffles City.  In Vietnam, it has notably been involved in Quantity Surveying for the Sheraton Saigon Hotel and Towers, Vietcombank Tower and the fast-developing Times Square project on Ho Chi Minh City's Dong Khoi Street. It currently has over 100 offices worldwide across Asia, Oceania, Europe, Middle East and the Americas. In Asia, RLB has a network of 7 offices in South-East Asia and 18 offices in China.
 
The MGM Grand Ho Tram – scheduled for opening in the first quarter of 2013 – will include a five star hotel, initially 541 rooms expanding to 1,100, a 13,600 square meter entertainment area, retail, restaurants, bars, lounges, shows, conference and meeting areas, a golf course, and other leisure amenities, representing the first Las Vegas-style integrated resort development in Vietnam.  In its entirety, the Ho Tram Strip represents a $4.2 billion undertaking that covers 164 hectares of a prime beach-front location in Ba Ria Vung Tau.
 
 
 
About Rider Levett Bucknall:
 
Rider Levett Bucknall (RLB) is a leading global professional property and construction consultancy practice with more than 100 offices across Asia, Oceania, Europe, Middle East and the Americas.  RLB’s global expertise and significant project experience provide comprehensive services and solutions to the development and construction of the built environment. The RLB Global Practice has acted as consultant to many major mixed-use and integrated resort developments globally in Asia, Oceania, Europe and the United States.  RLB first started a consultancy presence in Ho Chi Minh City, Vietnam in 1996, and today RLB services both major Vietnamese and international corporate clientele within Vietnam.