  “Lakeside resorts. Masis, Sis and New Armenia” project to be launched in RA May 31, 2010 - 17:36 AMT PanARMENIAN.Net - “Lakeside resorts. Masis, Sis and New Armenia” $500-million project will be launched in RA, head of the Armenian Development Agency Robert Harutyunyan said. The tourist facilities will be located 15km north of Yerevan, nearby Ashtarak and Abovyan highways. The project also envisages reconstruction of Yeghvard reservoir, what will cost around $70 million. At that, investors are supposed to get some 30% benefit. Funds will be attracted with the assistance of The Innovation Capital.   Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.   Partner news |  Latest news Turkey extends military presence in Azerbaijan  The Turkish parliament has adopted a bill submitted by Recep Tayyip Erdogan to extend the mandate of Turkish troops.Russia to begin assessing migrant workers' speaking skills Rosobrnadzor is planning to change the Russian language exam for migrant workers and include an assessment of speaking skillsArmenian, Saudi Foreign Minister meet in Riyadh The two commended the positive dynamics of the development of political dialogue between Armenia and Saudi ArabiaPashinyan: Azerbaijan’s proximity shouldn’t worry border residents At the same time, he said that he “does not guarantee [the security of villagers] one hundred percent”. |
