In 2021, Primorsky Entertainment Resorts City LLC the sole beneficiary of which is the investor from the Kingdom of Cambodia Naga Corporation Ltd. is to return to the active phase of construction on the territory of the gambling zone.
“Due to the situation with COVID-19, the company was unable to bring workers of its contractor from China. We hope that with the support of the Government and with the stabilization of the situation in the world, the investor will be able to complete the construction of a wonderful facility, on which he worked so actively in 2019, ” emphasized Konstantin Shestakov.
To date, the Asian investor has already completed 60% of the construction of the first phase of Naga Vladivostok - a hotel and entertainment complex with a casino.
“At the first stage, an 11-storey hotel complex with a casino and a concert hall will be built. To date, the total amount of actually invested investments exceeds 6.2 billion rubles out of 11 billion planned as part of the construction of the first phase of the facility, ”said the developer of the gambling zone, JSC Primorsky Krai Development Corporation.
According to the developer, the total area of Naga Vladivostok facilities will amount to almost 302 thousand square meters, the number of rooms in the region due to the creation of the hotel will increase by 2,719 rooms. The project also provides a concert hall for 2,000 seats and a water park area.
“Despite the fact that in 2020 the work was temporarily suspended due to the closure of international borders and a shortage of foreign labor, the Asian investor was working on the design of the ninth sector of the highway, which is created specifically for VIP-clients of Naga Vladivostok, as well as the design of engineering networks and points of connection to communications: water supply, sewerage, electricity", - said the executive director of JSC" PKDC" Igor Trofimov.
In total, within the framework of the Primorye gambling and entertainment resort project, it is planned to create 12 hotel complexes with a casino (3 *, 4 *, 5 *), as well as entertainment facilities for family and youth recreation, in particular, a yacht club, a ski slope, a water park, concert hall, nightclub, shopping and entertainment centers, beach area, walking and park area.
To date, eight investment agreements have been concluded for a total amount of about 65 billion rubles. The total amount of planned investments is 117 billion rubles. The first two facilities - Tigre de Cristal and Shambala - have already been commissioned; investors are also preparing to continue construction of other facilities on the territory of the Primorye gambling zone. Another four investment sites are free for the construction of hotels with casinos and entertainment infrastructure.