HANOI, April 17 (Xinhua) -- A Swiss firm has planned to invest nine billion U.S. dollars in building a luxurious entertainment complex on Vietnam's Phu Quoc island, local newspaper Vietnam News reported Thursday.

    Under a project recently approved by the Vietnamese government, the Pearl of Asia Development Corp, a subsidiary of the Trustee Suisse group, will build the Pearl of Asia Complex, including entertainment and business facilities on the north western tip of the island in southern Kien Giang province.

    The 3,200-hectare complex will have first-class hotels, stately homes, sporting facilities, a casino for high-stakes gambling, a hall suitable for holding concerts, operas and ballet, a marina for sports yachts and mega yachts, a world-class medical center, and parks.

    Vietnam has planned to develop Phu Quoc into a tourist island that will annually attract 2-3 million visitors by 2020.