Construction of a new 6000 room hotel and resort complex amounting to 1,7 billion rubles will begin in 2022. Project includes gambling zones. Agreement for the construction was finalized during the Eastern economic forum in Vladivostok in autumn of last year. This complex will allow to create 190 new job openings.
It is presumed that during 10 years of operation of the complex, governmental and municipal tax revenue will reach around 150 million rubles.
The design of the hotel and entertainment complex is currently being finalized. Alexander Kim, general director of “Asia-Invest Group” Ltd., informed that in July 2022, as soon as construction permission will be issued and all final project documentation will be prepared, construction and installation works will be started. It is planned to finish construction in 1,5 years. For the next year it is planned to start the construction of another 5-storey hotel with 60 rooms that will be commissioned in the second quarter of 2025. It is expected that this hotel and resort complex will be able to service 25% of the total number of guests of the entire entertainment cluster.
According to the Russian Far East and Arctic Development Corporation total amount of investments in accordance with concluded agreements for the gambling entertainment area "Primorye" has reached 75.3 billion rubles. 7 hotel complexes with casinos are at the start-up phase. Private investors from Hong Kong, Cambodia, Russia, the Republic of Korea and Japan are carrying out construction and design works.
Sources:
https://www.dv.kp.ru/online/news/4629470/
https://tourism.interfax.ru/ru/news/articles/85253/
https://prim.news/2022/02/15/v-igornoj-zone-primorya-nachnyotsya-eshhyo-odna-bolshaya-str