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Vestnik Kavkaza, Russia
Aug 22 2012
Construction of financial center in Dilijan to be completed in 2013
The construction of a financial center in the Armenian Dilijan will be
completed in 2013, Dilijan's mayor, Armen Santrosyan, told reporters
on Tuesday. According to the mayor, the municipality has handed to the
Central Bank the local library building that will house an electronic
library, a training center and the Tumo center for creative
technologies, ARKA reports. He said there are other large construction
projects underway in the town. One is construction of an international
school and the other is a health and training center being built by
the State Revenue Committee.
Santrosyan said that due to these projects the town population has
jobs. "Today, people come to work in Dilijan from other regions of the
country, and almost none of the townspeople have recently left abroad
in search of a job," he noted.
Construction of the financial center in Dilijan will cost $80 million.
The workers are building residential houses and cottages for about 150
employees of the Central Bank who will move to Dilijan with their
families. This will be followed by construction of a kindergarten, a
school and a university. The new facilities will also create about 100
jobs for local people.
Armenian leaders have repeatedly stressed their intention to transform
the republic into a regional financial center; the authorities
therefore intend to follow international experience and form a stable
financial market in Armenia.
According to experts, the implementation of the program will require
at least 2-3 years. At the first stage, Armenia should undertake
certain legislative measures and form a back-office. In this regard, a
regional research and education center is under construction in
Dilijan; it will host numerous scientific forums, seminars and
training programs for the financial system not only in Armenia, but
also throughout the entire region.
Aug 22 2012
Construction of financial center in Dilijan to be completed in 2013
The construction of a financial center in the Armenian Dilijan will be
completed in 2013, Dilijan's mayor, Armen Santrosyan, told reporters
on Tuesday. According to the mayor, the municipality has handed to the
Central Bank the local library building that will house an electronic
library, a training center and the Tumo center for creative
technologies, ARKA reports. He said there are other large construction
projects underway in the town. One is construction of an international
school and the other is a health and training center being built by
the State Revenue Committee.
Santrosyan said that due to these projects the town population has
jobs. "Today, people come to work in Dilijan from other regions of the
country, and almost none of the townspeople have recently left abroad
in search of a job," he noted.
Construction of the financial center in Dilijan will cost $80 million.
The workers are building residential houses and cottages for about 150
employees of the Central Bank who will move to Dilijan with their
families. This will be followed by construction of a kindergarten, a
school and a university. The new facilities will also create about 100
jobs for local people.
Armenian leaders have repeatedly stressed their intention to transform
the republic into a regional financial center; the authorities
therefore intend to follow international experience and form a stable
financial market in Armenia.
According to experts, the implementation of the program will require
at least 2-3 years. At the first stage, Armenia should undertake
certain legislative measures and form a back-office. In this regard, a
regional research and education center is under construction in
Dilijan; it will host numerous scientific forums, seminars and
training programs for the financial system not only in Armenia, but
also throughout the entire region.