IPI confirms it will be seeking for construction deadline extension

Imperial Pacific International (IPI) has confirmed it will be asking the CNMI government for an extension for the completion of its integrated resort in Garapan.

Deadline for the resort’s completion is August 31, 2018, however, IPI said a deadline extension is required as a result of the termination of construction services by certain companies and local labor shortages in Saipan.

“As at the date of approval of these consolidated financial statements, the Company has notified the Commonwealth Casino Commission of its intended application to extend the deadline to complete the Initial Gaming Facility.”

“The directors are of the opinion that the necessary approval will be granted for the deadline extension application.”

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