China State Construction Engineering Corp, the state-owned construction arm of the Chinese government, has concluded an agreement with New York's Tishman Construction Corp and Revel Entertainment Group LLC to finish the Revel Casino development in Atlantic City.
The deal, which costs a total of US$1.7 billion, will allow China State Construction to complete the development by the middle of 2011.
The 53-storey structure was recently completed but its interior works have been suspended since January 2009, due to the lack of credit flow.
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