Casino Construction Stopped in Primorye IRC
Cambodian Investor in Primorye Gambling ZonePrimorye » NagaCorp Ltd. stopped the process of construction of a large hotel and entertainment complex Naga Vladivostok. This circumstance may cause a change in the timing of the launch of the third IRC casino. Earlier, the company announced plans to commission the complex in 2021.
Konstantin Shestakov, a representative of the regional government, commented on the situation: “We wish this project to be implemented as soon as possible. We want to see not just a concrete frame, but already finishing work. However, the pandemic dictates its own terms. Our Cambodian partners signed a contract with contractors from China, but due to quarantine, they were unable to complete the work on time. Therefore, a key set of works was postponed to the next year.”
Despite this, it is reported that the management of the zone is holding substantive negotiations with companies from Europe and Thailand for the entry of new investors into the projects of the IRC "Primorye".
Recall, IRC "Primorye"will receive 7 billion rubles for infrastructure development.