A Chinese investor will build a resort complex in Vladivostok

At the XI Eastern Economic Forum, FEDC “Primorye” (a subsidiary of the Far East and Arctic Development Corporation), the “Russian Eastern Dragon” International Investment and Industrial Group of Companies, and “Shanghai Yangpin Construction Technology” Co., Ltd. signed a cooperation agreement to build a resort hotel zone for business tourism and leisure in Primorsky Region.

The document was signed by Alexey Dunaev, CEO of the FEDC “Primorye”, Chen Xuerong, founder of the “Russian Eastern Dragon” Group of Companies, and Gao Luliang, Chairman of the Board of “Shanghai Yangpin Construction Technology” Co., Ltd.

The complex will include modular homes for year-round living. The investment totals 88 million rubles.

"The building blocks will be imported from China and assembled directly on-site. This approach will speed up installation and ensure the structure meets the stated technical specifications. The project will create 10 new jobs for residents of the region," explained Chen Xuerong.

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© Russian Far East and Arctic Development Corporation, 2026
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