China eyes Crimea gambling investment

China is ready to invest in Crimean infrastructure, housing services, gambling and hotel industry, Alexander Basov, head of the Crimean Chamber of Commerce, said Thursday.
"They are interested in infrastructure - roads, utility systems, housing services, they are very interested in MSW [municipal solid waste]. They are very interested in Crimea as a transit corridor for delivery of goods to Europe as the route will be shorter by 2,000 kilometers [1,200 miles] then," Basov said.
The head of the Crimean Chamber of Commerce expressed his belief that Chinese investors will “enter Crimea as soon as the law on special economic zone is adopted,” which is possible in October.
Chinese companies are also ready to invest in the hotel industry, gambling and agriculture in Crimea, Basov added.
Russia is expected to designate Crimea and Sevastopol as a special economic zone with tax breaks to attract investors. Crimea has already adopted the Russian ruble as an official currency.