"Entrance ticket" to the gambling zone "Primorye" FOR INVESTORS is amounted to 1.5 billion rubles

"Entrance ticket" for future investors of integrated entertainment resort "Primorye" will amount to 1.5 billion rubles for the infrastructure  construction.

The winners of the auction for the vacant land will be announced in the middle of December.

"For the second selection the company has changed the rules of the game. One of the main requirements for future investors is the special payment for the construction of infrastructure projects in the amount of 1.5 billion rubles. The winners of the auction will be announced in middle of December, then we can call the names of the new investors of the resort area. For sure the opening of the first casino has taken a great interest among the foreign partners to this project.


 The total amount of the signed investment contracts for the construction of hotels and the casino is 108 billion rubles. Main investors are "Gee Interteynment 1" with Melco International Development Limited, a Malaysian company NagaCorp Ltd, "Royal Time Primorye" and "Diamond Fortune Holdings Prim". "Gee Interteynment  1" has already opened the first object, a casino Tigre De Cristal. Construction of the NagaCorp Ltd objects is delayed because that next to this place in July they discovered a large settlement of people who lived more than 2500 years ago. The company promised to save important historic find and financed the necessary archaeological work, including objects excavation and preservation.

Taxes revenues

The planned amount of the tax incoming to the regional budget for this project phase will reach for 1 billion rubles, at full power for 6 billion rubles per year.

In 2016 the budget income from the taxes of the gambling zone will reach to 165 million rubles per year, by 2019 - more than 700 million rubles per year,  by 2022 - about 2.5 billion rubles. We already have more than a thousand work places , in 2019 is expected to more than 9000 work places, by 2022 - more than 15000 work places.

 Today the integrated entertainment resort "Primorye" has 36 thousand square meters, by the end of the second phase it will be built 206 thousand square meters there, by 2022 - more than 500 thousand square meters. There 121 rooms in the hotels now, in 2019 their number will increase to 1500, and by the end of the project it will be 6500.

Integrated entertainment zone "Primorye" is differ from others in several ways. Firstly, at the heart of the project is qualified foreign investor. Secondly, it can develop tourism primarily based on the Asia-Pacific region. Also there many opportunities of the free port of Vladivostok, for example, registration of an 8-day visa in the airport.

The gambling zone "Primorye" is located in the Muravinaya bay near Vladivostok on an area of 620 hectares. In addition to entertainment centers and casinos, it is supposed to build four five-star hotels, seven - four-star and four - three-star hotels. There will be 12 guest villas, a yacht club, a multifunctional trade and exhibition center, several cinemas, promenade and other tourist objects.

News source: ":" [ www.vestiprim.ru ]

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