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"LAKESIDE RESORTS. MASIS, SIS AND NEW ARMENIA" PROJECT TO BE LAUNCHED IN RA
PanARMENIAN.Net
May 31, 2010 - 17:36 AMT 12:36 GMT
"Lakeside resorts. Masis, Sis and New Armenia" $500-million project
will be launched in RA, head of the Armenian Development Agency Robert
Harutyunyan said.
The tourist facilities will be located 15km north of Yerevan,
nearby Ashtarak and Abovyan highways. The project also envisages
reconstruction of Yeghvard reservoir, what will cost around $70
million. At that, investors are supposed to get some 30% benefit.
Funds will be attracted with the assistance of The Innovation Capital.
From: A. Papazian
PanARMENIAN.Net
May 31, 2010 - 17:36 AMT 12:36 GMT
"Lakeside resorts. Masis, Sis and New Armenia" $500-million project
will be launched in RA, head of the Armenian Development Agency Robert
Harutyunyan said.
The tourist facilities will be located 15km north of Yerevan,
nearby Ashtarak and Abovyan highways. The project also envisages
reconstruction of Yeghvard reservoir, what will cost around $70
million. At that, investors are supposed to get some 30% benefit.
Funds will be attracted with the assistance of The Innovation Capital.
From: A. Papazian