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Xinhua General News Service, China
December 27, 2012 Thursday 1:16 AM EST
Armenia to auction foreign ministry building
YEREVAN Armenia, Dec. 27
Armenia has decided to auction its foreign ministry building, the
government press service said Wednesday.
Government House No. 2, with a total space of 14,200 square meters,
also houses the Armenian Ministry of Territorial Administration and
the Ministry of Energy and Natural Resources.
It was sold to Armenian Argentinean businessman Eduardu Ernekian on
Oct. 4 for 51 million U.S. dollars.
Head of the State Property Department Arman Sahakyan said Ernekian had
not refused to go ahead with the deal but the building could be sold
at the auction if someone suggested a higher price.
Sahakyan said the decision was made to ensure greater transparency of the deal.
The building, built with rose Armenian tufa, is located on Republic
Square in central Yerevan. Government House No. 2 is one of the
landmarks on the square along with the National Gallery and other
government buildings.
Local media reports said the government would use the sale proceeds to
build new buildings for the three ministries.
December 27, 2012 Thursday 1:16 AM EST
Armenia to auction foreign ministry building
YEREVAN Armenia, Dec. 27
Armenia has decided to auction its foreign ministry building, the
government press service said Wednesday.
Government House No. 2, with a total space of 14,200 square meters,
also houses the Armenian Ministry of Territorial Administration and
the Ministry of Energy and Natural Resources.
It was sold to Armenian Argentinean businessman Eduardu Ernekian on
Oct. 4 for 51 million U.S. dollars.
Head of the State Property Department Arman Sahakyan said Ernekian had
not refused to go ahead with the deal but the building could be sold
at the auction if someone suggested a higher price.
Sahakyan said the decision was made to ensure greater transparency of the deal.
The building, built with rose Armenian tufa, is located on Republic
Square in central Yerevan. Government House No. 2 is one of the
landmarks on the square along with the National Gallery and other
government buildings.
Local media reports said the government would use the sale proceeds to
build new buildings for the three ministries.