By: Mars Woo – August 6, 2018 |Deal Street Asia é
Private property developer Northern Star Gaming & Resorts Inc (Northern Star) has partnered with government-owned Cagayan Economic Zone Authority (CEZA) for a planned development estate that will be called Crypto Valley of Asia. In a statement, Northern Star said, the development will have gross investment commitments of $100 million over the next 10 years, with international and regional firms already expressing interest to locate within the estate. Crypto Valley of Asia will be home to financial technology firms establishing their operations in the Cagayan Special Economic Zone and Freeport. Part of the project will be the rise of world-class internet data center, crypto-mining firms, self-contained power production facilities, and state-of-the-art cybersecurity and risk assessment facility.