31 Jan 2018
- By Cherrie Anne E. Villahermosa – [email protected] – Variety News Staff
IMPERIAL Pacific International will have completed the construction of 250 rooms at its hotel project in Garapan by Aug. 2018, company officials told the Commonwealth Casino Commission on Tuesday morning.
IPI said it has signed an agreement with a U.S. construction company based on Guam, Pacific Rim, to complete the Imperial Palace Saipan.
“The casino license agreement requires a minimum of 250 rooms,” casino commission executive director Edward Deleon Guerrero said, adding that IPI is confident it will meet the deadline by August of this year.
Deleon Guerrero said the commission has “mandated that [IPI] take more responsibility to ensure that all [future construction] activities are in compliance with CNMI and federal laws.”
Deleon Guerrero said the “mistakes” committed by IPI’s former contractor, MCC, should not happen again, referring to the unlawful immigration status of MCC’s foreign construction workers.
New chairman, CEO
In related news, IPI announced that it has a new chairman — Marco Teng — and a new chief executive officer, Henry Cheang.
Teng’s appointment took effect on Jan. 10, 2018. He will oversee and supervise the company’s Saipan operations.
IPI said Teng has over 12 years of professional human resource management experience and “profound HR gaming industry knowledge, with extensive casino-resort opening experience.”
He is a former key HR executive of gaming corporations in Macau and held HR management positions in the public sector.
Teng succeeded Mark Brown who announced his retirement early of January to pursue other projects close to his family in the U.S.
As for IPI’s new CEO, Henry Cheang, he has 12 years of industry experience and successfully opened gaming properties including Galaxy Macau, Crown Macau (Altira) and MGM Macau.
Cheang succeeds Kwong Yiu Ling as IPI’s CEO.
Source: Marianas Variety : http://www.mvariety.com/cnmi/cnmi-news/local/101901-imperial-pacific-says-250-rooms-to-be-completed-by-august