Shambhala resort to open soon

Russia’s largest integrated resort will open imminently in Primorsky.

Russia.- An integrated resort intended to become the largest in Russia is to open soon in Primorsky, according to the Primorye Development company, which is heading the project.

No specific date has been given, but the firm said the IR will open “in the very near future”.

The First Vice Governor of Primorsky Territory, Vera Shcherbina, also said the state is expecting the launch to see tax revenues double to around RUB200 million (US$2.72 million).

Shcherbina said: “If last year about RUB100 million (US$1.36 million) came to the budget of the Primorsky Territory, then this year it will be more than RUB200 million.

“We expect that by 2025 the amount of tax revenues will be about RUB2.5 billion (US$34 million), and after the project reaches full capacity, in the long term, about RUB4.5 billion (US$61.2 million).”

In a press release, the corporation explained that the commissioning act for the Shambhala resort still needs to be signed before an opening date can be established.

It also revealed further details of the project, which includes a casino, a 270-room five-star hotel, a nightclub, spa, bars and restaurants. 

The high-stakes room will have its own separate restaurant, lounge area, and stage for shows and artist performances. The area of the main gambling hall will amount to 5,200 sq metres.