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Center Of Winter Alpine Tourism Near The Lake Sevan Costing 300 Mill

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  • Center Of Winter Alpine Tourism Near The Lake Sevan Costing 300 Mill

    CENTER OF WINTER ALPINE TOURISM NEAR THE LAKE SEVAN COSTING 300 MILLION EURO TO BE ESTABLISHED IN ARMENIA

    /ARKA/
    November 28, 2011
    YEREVAN

    YEREVAN, November 28. /ARKA/. National Competitiveness Fund of Armenia
    developed a new program on the establishment of alpine tourism near
    the Lake Sevan, said Executive Director of the Fund Arman Khachatryan.

    "In accordance to the preliminary assessments, the cost of the program
    is about 300 million euro including all infrastructures. The project
    will be implemented in several phases. For the first phase it is
    envisaged to allocate 90 million euro", he said to the journalists
    on Monday.

    Khachatryan said that development of feasibility study of the program
    has been finished. "Discussions of the project with investors will
    be organized next year. Broad public discussions will also take place
    as the opinions of the beneficiaries are also very important", he said.

    Khachatryan clarified that it will be a sport center calculated for
    sportsmen, individual or family tourism.

    He said that for the construction of the center some territories
    near the Lake Sevan will be selected, but the final selection is not
    approved yet.

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