SÁB 23 DE NOVIEMBRE DE 2024 - 14:48hs.
GUO WEI GROUP

Chinese investors look to get into Russia

With high interest in investing in the Russian gambling zones, the Primorye Territory Development Corporation has reported that Chinese company Guo Wei have expressed interest in investing in the Vladivostok gambling zone.

Reportedly, a delegation recently visited the Russian Pacific City and were shown the Tigre de Cristal casino, as well as land lots of other investors, where construction works are currently under way.

Mr Shi, Head of the Chinese delegation, said that the Primorye resort is of great interest to them due to its investment potential: "We are considering the Primorye gambling resort to be a promising tourism-oriented investment project. For Chinese tourists this place will be especially interesting due to its good transport accessibility and availability of gambling. We plan to build a casino and a thousand-room hotel, as well as create a recreational park area and a yacht club on the bay. We are pleased that there is an opportunity to carry out construction works all year round, so we are primed for early results.”

During the talks, the sides agreed that the Chinese holding company will be included in the ranks of potential investors. Guo Wei is based in Beijing and invests in large-scale tourism projects, including cultural tourism facilities, sports facilities, and hotel infrastructure. One of their successful investments include the Beauty Crown hotel in Sanya, Hainan Islands.

Source: GMB/Casinocompendium.com