Add to favorite
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS
russian visa

Vladivostok Entertainment Centre
September 4, 2015 22:31


The company “Diamond Fortune” will invest 900 million dollars in the construction of the Vladivostok hotel and entertainment complex with a casino named "Selena" during ten years, as the CEO of the organization Georgii Kondakov told to the reporters at Eastern Economic Forum on Thursday, September 3.

The builder plans to commission the facility with the area of 18 thousand square meters until the end of 2016. “We plan to spend about $ 35 million on the first set, as well as another 5-10 million - working capital (own working capital). We will win (the invested funds) back in a year and a half" - he said.

The company expects that the construction of the second and third hotel complexes will be financed by profits earned after the commissioning of the first casino. The total investment volume of “Diamond Fortune” will amount to 900 million dollars that will be invested over 10 years. The top manager added that the company would focus on the creation of a full-fledged entertainment centre comprising two hotels, casinos and other recreation facilities.

The gambling zone “Primorye” with the area of 619 hectares was created by the government in 2009. They plan to create a resort and entertainment area with a water park, a yacht club, ski slopes and several casinos. Several companies are ready to invest in its development – “Diamond Fortune Holdings”, “Royal Time” and “The First Eastern Gambling Company” (controlled by Melco International Development). Melco planned to open the first casino in the gambling zone on September 1, 2015, but then moved the term to October.


Author: Anna Dorozhkina

Tags: Vladivostok     

Next Previous

You might also find interesting:

From Russia With Esports Russias Growing Love Affair With Professional Video Gaming Central Bank Approved Credit Lines For Several Russian Banks The criminal elite in Russia In 2017, Russia Will Purchase About 200 Tons Of Gold Doing Business in Russia 6% Easier

comments powered by Disqus

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

Russian Parliament in Action

search on the map
Lake Baikal  Satellites Killer  Altay Krai   Moscow  Sock Museum   Stuttgart  Ivory Coast  Russian oil companies  Russian sportsmen  Skolkovo  Soviet brands  Mercedes-Benz Fashion Week Russia  music  Russian Stage Directors  Russian business  Moscow Public Transport  Arkady Rotenberg  Arts and Crafts  Kostroma  Chocolate museum  Gazprom Neft  Tragedy  Russian Cinema  Extreme tourism  Painting  Street Art  Life Saving  Russia Orthodox Church  Proton Accelerators  Archeology  Duduk  Yuri Albert  Paleopark  Architecture  Nikolay Pozdeyev  Boris Grebenshchikov  Video Installations  Russian schools  State Duma  Russian Literature  Russian history  Russian language  Derbent  Altai  Alexey Pushkov  Sakhalin Islands  Olympics 2012  Russian Nature  Russian tourism  Exhibitions in Moscow 

Travel Blogs
Top Traveling Sites