The “Novy dom” company, the initiator of a hotel compound construction in Petropavlovsk-Ka
"The first investment agreement has been concluded between the Far East Development Corporation and the “Novy Dom” company. The resident is to build a modern hotel compound in the centre of Petropavlovsk-Ka
The investor has already started the construction work. The first stage of the construction includes a 9-storey hotel and a conference-hall, the second stage will cover the construction of a multifunctional centre including a business centre, tourist, sports and cultural objects. The total cost of the first stage is claimed as much as 650m roubles ($10.8m). It will be realized at the initiator’s expense.
Nine more companies are potential residents of the Vladivostok free port, and the claimed investments total 2 bln roubles ($33.24m).