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Ho Chi
Minh City: 2 March 2011: Asian
Coast Development (Canada) Limited today announced that it has appointed SIP
Project Managers as its Site Coordination and Co-Project Management partner for
phase 1 of its Ho Tram Strip Project – the MGM Grand Ho Tram Resort.
“Our
ongoing commitment to appointing best in class consultants for our project in
Ho Tram is strengthened today with the announcement of SIP as our project
managers for Vietnam's first large-scale integrated resort development,” said
Asian Coast Development (Canada) Limited CEO, Mr. Lloyd Nathan.
“SIP has
extensive experience in developing luxury large-scale resort complexes around
the world, as well as a proactive approach to addressing the challenges that
arise in a project of this scale,” Mr. Nathan continued.
SIP will
be the co-project managers for phase 1 of the Ho Tram Strip. SIP is a global
project management company headquartered in South Africa that specialises in
major hotel, commercial and residential projects. SIP has worked on a number of iconic and luxury developments
from The Royal Mirage in Dubai to The Palace of the Lost City in South Africa
as well as several One and Only Resorts.
The
ACDL assignment sees SIP responsible for on-site coordination of all design
information, budget management, and ensuring that the procurement and
construction programs meet the agreed development schedule in the lead-up to
the MGM Grand Ho Tram's opening in the first quarter of 2013.
“At SIP
we believe that a philosophy of effective delivery and passion sets us apart
from other project management companies,” said Mr. Rod
Oosthuizen, Chief Operating Officer of SIP. “SIP itself is an acronym for
Strength, Integrity and Passion, and our company prides itself on having a team
of passionate people, who think on their feet and lead by example.”
“SIP is
extremely excited about having the opportunity to work on this ground-breaking
project, and our team is looking forward to ensuring that the development is
delivered on time, within budget and to the standards that befit the MGM Grand
brand that this first phase will ultimately carry.”
With over
thirty years of experience in project management, SIP has been involved in over
70 hospitality, casino, golf and hotel projects, notably in Africa and Dubai,
and brings this wealth of project management experience to Vietnam.
The team
it will deploy has over 70 years of cumulative experience in project management
on major developments the world over.
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 large-scale 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
SIP:
SIP Project Managers (pty) Limited
is a South African based project management company that was incorporated in
1978. During its 33 years of operating SIP has been responsible for a wide
range of large landmark projects in the commercial sector specializing in
particular in integrated resort, leisure, hotel and gaming developments. SIP
operates in the UAE under the brand Mirage Mille Leisure and Development of
which it owns a 40% share. Mirage Mille offers a unique turnkey professional
services package with development and project management being undertaken in
house and the design and consulting services being outsourced to closely
associated and internationally recognized organizations. Outside of Southern
Africa and the UAE SIP operates under the name SIP International (pty) Limited
which is a wholly owned subsidiary of SIP Project Managers (pty) Limited. Many
of SIP`s project feature prominently in the tourism marketing strategies of the
various countries. The Lost City at Sun City in South Africa, Madinat Jumeirah
in Dubai and the Four Seasons Anahita resort in Mauritius are typical examples.
For more information about SIP please visit the company`s website at http://www.sippm.co.za. |
