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Paraguay Gives Green Light for Hard Rock Hotel and Casino
- November 3, 2016 By Nemanja L. -
There have been some very good news for Hard Rock International and their plans to build Hard Rock Hotel and Casino in Ciudad del Este, as the President of Paraguay has given the go ahead for the new business venture in a Paraguay’s National Ports Authority (ANNP) building.
The ANNP building will serve as a site for a new casino and hotel that is supposed to promote tourism and attract further investments in the port area.
By decree, Paraguay President Horacio Cartes has started the tender process that was not initially planned, but it should still see the Hard Rock Hotel and Casino built in the area as the famous international group is ready to invest around $70 million in one of Paraguay’s largest cities.
The decree follows a request made by a number of Paraguay chiefs that include President of ANNP Hector Dure, Head of Paraguay Gaming Board (CONAJZAR) Javier Balbuena, Minister of Trade Gustavo Leite, Minister of Tourism Marcela Bacigalupo and Attorney General Roberto Moreno.
The request outlines that the initial site for the casino at the head of the Friendship Bridge is no longer feasible and that the National Port Authorities will now only use a second bridge on the Rio Parana river.
The Friendship Bridge (Puente de la Amistad) connects Ciudad del Este with Brazilian city Foz do Iguacu and it was initially planned to be the setting for the new Hard Rock Hotel and Casino.
It was some two years ago when Hard Rock International first announced their plans to build a casino and hotel in Paraguayan city of Ciudad del Este.The casino is expected to feature 500 slot machines and 30 gaming tables, whereas the bouquet hotel will house 250 luxury rooms.
The famous company spent quite a while researching the market and evaluating all aspects before making a decision to build the hotel and casino in Paraguay’s second largest city that is situated on the Rio Parana river.