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Corporacion America's $160 Million Investment In Zvartnots Airport T

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  • Corporacion America's $160 Million Investment In Zvartnots Airport T

    CORPORACION AMERICA'S $160 MILLION INVESTMENT IN ZVARTNOTS AIRPORT TO ENCOURAGE TOURISM AND WORK OPPORTUNITIES

    Tendersinfo News
    November 9, 2011 Wednesday 6:30 AM EST

    Eduardo Eurnekian's Corporacion America group, which runs over 30
    airports across South America, has put $160 million of its money in
    Armenia's main global airport Zvartnots' rebuilding work, along with
    the arrivals hall that was inaugurated in October.

    According to Eurnekian "the new terminal will raise Armenia's rating
    all over the world and contribute to the increase in tourist inflow."

    The group plans to stretch the airport's territory, construct a highway
    to the airport and a railway in the future. They also intend to bring
    up a hotel in the vicinity of the airport.

    The upgraded facility outfitted with several amenities will expectedly
    help the country boost its tourism industry in the upcoming years.

    The airport's new terminal will provide work to 1,500 people and
    have the potential to process up to 3.5 million travelers annually,
    up from 1.1 million last year.

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