New Investor will build a large-scale hotel complex in Primorye


A new hotel complex will be built in the Primorye gambling zone. Representatives of JSC “Primorsky Krai Development Corporation” and LLC “Asia-Invest Group” reported on the construction of such. The parties have already signed the relevant contract and are drawing up a work plan.

The preliminary cost of the project is estimated at 2.5 billion rubles. Local authorities noted that, in general, gambling facilities in the region have attracted investments of more than 75 billion rubles, and 20 of them have already been placed at the disposal of the government and contractors.

“We are going to build a full-fledged hotel complex, on the territory of which there will be associated entertainment facilities, including a casino. The project will create many new jobs in the region, and tax revenues will go to budgets of all levels, from local to state. Construction work should start already in 2022,” the Primorye government reports in its press release.

The gambling zone is part of a tourist and entertainment association in Muravyina Bay near Vladivostok. The first stage of the project involves the construction of twelve hotel complexes. They will have at least three stars. In each there will be entertainment facilities that contribute to a pleasant pastime for both couples and young people. After signing the agreement on the construction of a new complex, Asia-Invest Group LLC will become the seventh investor working on the creation of the region’s infrastructure.

It should be noted that recently the company Naga Corporation Ltd from Cambodia announced the resumption of construction work on the territory of the gambling zone of the hotel complex. This became known at the end of the summer from the press release of the local authorities. Earlier, the construction of the facility was suspended due to the coronavirus pandemic.

Recall that since the beginning of 2021, Siberian Coin has received more than 140,000 tourists.

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