Investors will buy “the entrance ticket” in a gambling zone of Primorye

Investors will buy “the entrance ticket” in a gambling zone of Primorye

The competition for available sites, but on more severe conditions for investors will be announced within the next 2-3 weeks. These conditions, as reported by the Governor of Primorye, will include a contribution to the construction of infrastructure.

VLADIVOSTOK, 22 Oct. Nadezhda Egorova. Prospective investors of the gambling zone of Primorye will pay the “entrance fee” to the project, told reporters on Thursday, Deputy Prime Minister, Plenipotentiary of RF President in the far Eastern Federal district Yuri Trutnev.

As reported to journalists by the head of Primorye Vladimir Miklushevsky, in the next 2-3 weeks, it is planned to announce a competition for available sites, but on more stringent terms for investors. According to the Governor, “these conditions will include payment for the construction of infrastructure”.

Price per ticket increases. If the first investors here by the fact of Declaration of investments, more here so no one will come. They will pay a price for admission, and to pay at market competitive conditions. Highest bidder will receive a free land,” — said Trutnev.

The presidential envoy also noted that investors of a gambling zone should start construction work in early 2016, otherwise the contract will be terminated.

“One hotel offered, but that’s not enough, that was the effect, the return on investment. Other investors while pulling with the works… Other investors have delayed the beginning of work, we were warned that we redo the investment agreement, set stricter time frames from the point of view the start of work. They should ensure commencement of works, Foundation works, in the first quarter of next 2016, otherwise, the investment agreement will be terminated and these sites will offer to other investors”, — said Trutnev.

He also said that organizational investors in the gambling zone Primorye will deal with the development Corporation Far East.

“At the meeting with potential investors there were different issues associated with the management of this process from already established investors. For example, the Finely asked a single managing body that would help resolve issues with regional authorities, with the government, because the questions in the fine-tuning of that business still exist, they only begin here. We have a development Corporation (Far East), it is able to do together with the administration,” — said Trutnev.