Brief: J & P Avax SA Says Announces It Participates In A Joint Venture For Construction Of Integrated Casino Resort In Cyprus

Avax SA

04/04/2019 13:17

April 4 (Reuters) - J & P Avax Sa  AVAr.AT :
    * SAYS ANNOUNCES IT PARTICIPATES IN A JOINT VENTURE WITH
ΤΕΡΝΑ,
100% SUB OF GEK TERNA GROUP, FOR CONSTRUCTION OF CITY OF DREAMS
MEDITERRANEAN INTEGRATED CASINO RESORT IN CYPRUS
    * SAYS THE JOINT VENTURE IS COMPRISED OF J&P-AVAX SA (60%)
AND
TERNA SA (40%).
    * SAYS  THE CONTRACT WORTH AROUND  EUR 270 MILLION PERTAINS
TO THE
CONSTRUCTION OF AN INTEGRATED CASINO RESORT
    * SAYS  WITH APPROXIMATELY 96,000 M2 BUILDING CONSTRUCTION
AREA ON
A 37 HECTARE SITE

Source text : https://bit.ly/2WM6h3Y
Further company coverage:  AVAr.AT 

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