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$259m to be invested in Vegas Mall on Kievskoe highway in Moscow

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$259m to be invested in Vegas Mall on Kievskoe highway in Moscow

Investments in the shopping center Vegas, which the Crocus Group company plans to build on the Kievskoe highway in Moscow, will amount to 15 billion rubles ($259 million), the company’s president, Aras Agalarov, told Ria Novosti on Friday.


“We have a site on the Kievskoe highway, purchased to establish there the fourth Vegas shopping and entertainment complex. The project is now at the design stage”, – Agalarov said.

According to him, construction is scheduled to begin this year and the facility is planned to be built within three years.

Aras Agalarov pointed out that there is a possibility to begin the construction on a non-credit basis or the company will be credited at the very end of the construction activities, when the project nears completion.

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