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Armenia, Competitiveness Fund, South Tourism Corridor, Project

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  • Armenia, Competitiveness Fund, South Tourism Corridor, Project

    ARMENIA, COMPETITIVENESS FUND, SOUTH TOURISM CORRIDOR, PROJECT

    /ARKA/
    APRIL 20, 2011
    YEREVAN

    YEREVAN, April 20. / ARKA /. Armenia's National Competitiveness
    Fund said today it will present a strategic project designed to
    boost tourism industry in the south regions of Armenia on April 21
    in Yerevan. The project called South Tourism Corridor is developed
    by British AECOM at the initiative of Armenian ministry of economy
    and the National Competitiveness Fund

    According to a press release issued by the Fund, the project that
    has been developed since 2010 October, will serve as a key guideline
    in shaping a new approach towards development of tourism industry
    in Armenia.

    'Its implementation will help increase the share of tourism in the
    country's Gross Domestic Product (GDP), create new jobs and improve
    the living standards of rural population,' it said.

    The South Tourism Corridor embraces a territory from famous Areni
    winemaking area in Vayots Dzor province to Tatev-Goris in Syunik. The
    stretch is divided into five clusters including Yeghegnadzor, Sisian,
    Goris, Tatev and Jermuk.

    The presentation will be attended by economy minister Tigran Davtian,
    Armenia's National Competitiveness Fund executive director Bekor
    Papazian, members of the Fund's Board of Trustees, representatives
    of international organizations and investors.

    According to government data, the number of tourists visiting Armenia
    in 2010 grew by 18.9% to 684,000. Authorities expected this figure
    to rise to 800,000 this year.




    From: A. Papazian
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