Casino license deadline extension sought

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Imperial Pacific International (CNMI), LLC has requested to amend the casino license agreement in order to extend the deadline to complete construction of its hotels and casinos.

The request is made necessary from the variety of challenges that caused construction delay, most especially the severe damage to construction equipment from Typhoon Soudelor that took several months to repair.

Other challenges that caused further delay to Imperial Pacific’s construction site also included adverse weather conditions making the tower cranes inoperable; unstable soil conditions that caused damage to piling that were driven into the ground; lack of readily available skilled laborers; an overabundance of water at the construction site, delaying the pouring of the concrete foundation; lack of necessary construction materials; the eight months to execute the public lands lease for Garapan; and the complication of the Marianas Resort & Spa’s public land lease, which expires in April 2018 and the deadline to complete the integrated resort in Marpi’s date of February 2018.

Imperial Pacific anxiously awaits the governor and Lottery Commission’s decision on the request to extend the deadlines. However, despite the extension request, Imperial Pacific will diligently work with its subcontractors and all government agencies to bring its grand development to the CNMI community at the earliest possible opportunity.

Laws regarding employees
Imperial Pacific shares the Torres administration’s grave concerns regarding overstaying tourists, birth tourism, and the parole program for Chinese tourists, most especially since the Chinese tourism market makes up 40 percent of the CNMI’s tourism arrivals. Imperial Pacific will take an active role to protect the integrity of the parole program for Chinese tourists to assist in the success of the CNMI’s tourism. Without the parole program, the growth of our economy will be negatively affected.

All of Imperial Pacific’s subcontractors and service providers will be advised that they must comply with all federal and local laws, most importantly, they must only have employees allowed to work lawfully in the CNMI. Failure to do this will result in very drastic measures, to include immediate contract termination. (PR)

Press Release
News under Press Release are official statements issued to Saipan Tribune giving information on a particular matter.

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