Naga Vladivostok project is going to be a 592,000-square foot property in the Primorye Integrated Entertainment Zone (PRIE).
“We anticipate that our Vladivostok project will open in summer 2021,” said Tim McNally, chairman of the Hong Kong-listed firm in its 2019 annual report on Friday.
“Based on the current state of development, our gaming and resort development project in Vladivostok, Russia remains broadly on schedule,” he added.
The project is the Naga Vladivostok, that is going to be a 592,000-square foot property in the Primorye Integrated Entertainment Zone (PRIE).
It is expected to include a multi-purpose facility measuring 21,500 square feet and the second phase of the project, which includes a water park and outdoor pool, is meant to be completed sometime in 2022.
Besides the big inversion that they are doing in Primorye, the group is going to spend €3.2 billion in NagaCorp 3, a project three times larger than Naga 1 and Naga 2 combined that could be ready by 2025 in Phnom Penh, the capital of Cambodia.