Announcement

Collapse
No announcement yet.

Russian-Armenian tycoon sets eye on Tsakhkadzor

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Russian-Armenian tycoon sets eye on Tsakhkadzor

    ArmenPress
    March 2 2005

    RUSSIAN-ARMENIAN TYCOON SETS EYE ON TSAKHKADZOR

    YEREVAN, MARCH 2, ARMENPRESS: Ara Abrahamian, a Russia-based
    Armenian-born businessman, unveiled Tuesday an ambitious plan of
    developing Armenia's most famous resort town of Tsakhkadzor into an
    internationally acclaimed tourist zone, saying the first stage of
    this plan would require at least $100 million investment. Abrahamian
    said he was going to submit the plan to Armenian president Robert
    Kocharian.
    Speaking at a yesterday news conference in Yerevan, Abrahamian
    said his Union of Russian Armenians had done a great deal of work
    with Russian and other countries' travel agencies specializing in
    winter tourism. He cited the Russian sport chief who said that some
    500 Russian skiers may arrive in Tsakhkadzor to train there.
    The plan envisages construction of a chain of 3-5 star hotels to
    make the resort available to people with various degree of incomes.
    Tsakhkadzor now has 15 hotels that can house some 5,000 people.

    From: Emil Lazarian | Ararat NewsPress
Working...
X