
MOSCOW -- Kamchatka's government, in the Russian Far East, has told Nikkei Asia it plans to construct a large resort on the nature-rich peninsula by 2025.
The development, estimated to be worth 39.2 billion rubles ($518 million), is slated for opening in 2025. Local authorities expect the COVID-19 pandemic to have run its course by then. In addition to Russians, developers hope to attract tourists from Asia, including Japan.