One Hundred Sands Limited is now saying that the proposed casino and convention centre will be built near the entrance to Denarau.
In a statement released by Chairperson Larry Claunch today, he said there is financial investment from the US, Europe, Singapore and New Zealand.
Claunch said while there have been unexpected road blocks thrown in their way in the past, they prefer to look to the future with great excitement.
He said the casino will be a modern masterpiece based on all the latest casino technology from around the world.
Claunch said in addition to the casino, a state of the art convention centre and performing arts centre will be built.
We have asked specific questions about the financiers of the project, the proposed site and the penalty clauses in the licence.
Claunch is on his way to the US and we are awaiting his response.
Story by: Sofaia Koroitanoa