In Primorye by the end of 2018 plans to build a second casino

© RIA Novosti / Ekaterina to Maslowprice in fotobelka. Archival photoIn Primorye by the end of 2018 plans to build a second casino© RIA Novosti / Ekaterina to Maslowprice the image Bank

The second casino of the gambling zone «Primorye» near Vladivostok it is planned to construct by 2018, according to the development Corporation of Primorsky Krai with reference to the Plenipotentiary of the RF President in the far Eastern Federal district Yuri Trutnev.

Within the far Eastern media summit, the envoy said that despite the delays and not quite right working on the implementation of the project a few years ago, the second casino in the IRK «Primorye» will be built on schedule by the end of 2018.

«The second object from a large Asian investor Naga Corp will be built by the end of next year. At the moment there is already one on the project and investor who is involved in its implementation, has shown itself as a reliable partner. Other projects now in a slightly «suspended» state,» — said the envoy.

He noted that one of the investor agreement has been terminated. «Now it is necessary to finish projects that are already being implemented, and plots to auction,» — said Trutnev.

Earlier it was reported that the Arbitration court of Primorski territory has satisfied the claim of JSC «Corporation of development of Primorsky territory» to the investor of the gambling zone «Primorye» LLC «Royal Time Primorye» on the termination of contracts. In March the Vice-Governor of Primorsky Krai Eugene Polyanskiy said that the residents of the gambling zone that do not comply with prescribed in the investment agreement, the construction period, will be subject to penalties up to termination of the partnership agreement.

Integrated resort zone «Primorye» is located in Muravyinaya Bay near Vladivostok. On the square in 619 hectares, in addition to the entertainment centres and casinos to be built 21 property, 12 guest villas, yacht club, ski slopes and other objects of tourist and recreational destination year-round use. The total amount of signed investment contracts for the construction of hotels and casinos in IRCS Primor’e amounted to more than 113 billion rubles.