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The gambling zone will bring 200 million rubles to the budget of Primorye

The gambling zone will bring 200 million rubles to the budget of Primorye
Photo: Press Service of the Government of Primorsky Krai

According to the estimates of the Government of Primorsky Krai, the gambling zone this year will replenish the regional budget by 200 million rubles. This is double the number in 2019.

According to the press service of the regional government, construction work is underway on the territory of the gambling zone. Investors - NagaCorp Ltd. (Cambodia), Summit Ascent Holdings Ltd / SunCity Group Holdings Ltd (China), Shambala CJSC (Russia) - have already invested about 19 billion rubles of investments. After the completion of all work, about 20 thousand jobs will be created.

According to the Prime Minister of the Primorsky Territory Vera Shcherbin, by 2025 the amount of tax deductions will reach 2,5 billion rubles, and after reaching the design capacity - up to 4,5 billion rubles. This year, tax revenues will double - to 200 million rubles - due to the opening of the Shambala casino.

Now the construction of infrastructure for the gambling zone requires about 5,6 billion rubles, 64% of this amount will be allocated by the federal budget, 24,6% - by the regional treasury The road infrastructure is already 85% ready, and now work is underway to drain, sewage and electricity.

In total, on the territory of the Primorye gambling zone, investors will build 12 hotel and entertainment complexes with bars, restaurants, landscaped grounds, a golf park, a water park and other recreational facilities. The construction of all facilities is planned to be completed in 2025. Then the zone will be able to visit about 7,4 million tourists per year. At the same time, up to 80% of tourists are planning to attract from Southeast Asia. Second the casino is planning to open this summer.

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