March 20, 2017

NagaCorp opens office for Russian operations

Post Staff, The Phnom Penh Post
Mon, 20 March 2017

Nagacorp Ltd, the operator of Phnom Penh’s NagaWorld casino and hotel complex, announced that it has set up a dedicated representative office in the Russian port city Vladivo-stok to help with the construction of its resort and casino project in the nearby Primorye Integrated Entertainment Zone, the company said in a filing on the Hong Kong Stock Exchange.

NagaCorp has previously reported that the Russian foray needed capital investment of between $50 million and $70 million for its first phase, and that the casino would be operational by 2019.

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