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Zvartnots airport to receive $101 million in investments within 5 years

Zvartnots airport to receive $101 million in investments within 5 years

PanARMENIAN.Net - The government of Armenia approved a master plan submitted by the concessioner - Armenia International Airports CJSC – stipulating for a $ 101,l million in the development of Zvartnots airport within the next 5 years.

Prime Minister Tigran Sargsyan welcomed the move, noting that the investment will allow boosting the quality of the airport-provided services and developing tourism in Armenia.

The head of the General Department of Civil Aviation (GDCA) Artem Movsisyan, in turn, listed a number of improvements envisaged in the master plan, also covering the issue of a free economic zone.

Referring to the old terminal of the airport, Movsisyan suggested that a new solution must be found. “Creation of an architectural park featuring monuments that used to symbolize the Armenian capital was one of the ideas,” he said, citing a Brussels-located Mini Europe park as an example.

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