INCHEON International Airport Corp is in discussions to build an integrated resort (IR) comprising a casino, shopping mall and hotel, benchmarked after Singapore’s Resort World Sentosa (RWS), to draw more visitors from China.
According to a news report by Bloomberg, the new IR aims to tap the growing Chinese middle class and high rollers looking for alternative gaming venues beyond Macau’s amid the government’s crackdown on corruption.
Lim Byung Kee, an official at Incheon International Airport Corp, was quoted as saying: “We don’t want to just focus on high rollers, we also want mass consumers to visit the integrated resort. We want to use the resort to help create more traffic into the airport.”
The same report also stated that the estimated construction cost of the IR would be about six trillion won (US$5.4 billion). It is set to be developed on 327ha of land near the construction site of the airport’s second passenger terminal, 52km away from Seoul.
Meanwhile, three other integrated resorts are in the pipeline, all in the vicinity of Seoul.
