One-of-a-kind entertainment complex to be constructed in ArmeniaJanuary 11, 2018 - 13:29 AMT PanARMENIAN.Net - A major entertainment and leisure complex will be constructed in Yerevan as the Armenian government approved a $22 million investment project submitted by Park Group LLC on Thursday, January 11. The plot of land near the center of the capital city was leased to the company for 99 years. Under the program, a unique center for children and the youth, family recreation, leisure and entertainment will be created to offer trendy attractions and rides of European producers, fountains with gorgeous laser effects and food service units. The complex will attract both Armenian residents and tourists traveling in the country and is set to host as many as 300,000 visitors in the first year of opening. The fountain, by the way, will cost $2 million and will compete with the likes of those in Milan, the UAE, Kuwait and Singapore. In addition, a 35-meter ferris wheel will enable those experiencing the ride to enjoy the panoramic view of Yerevan, while a roller coaster with a speed of 70km per hour and a 60-meter drop tower will provide dazzling feelings to those who love extreme activities. The entire project will in all probability be completed in 60 months. 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 | European Parliament to discuss repression in Azerbaijan The European Parliament will discuss repression of civil society in Azerbaijan on April 24 PACE wants concessions from Azerbaijan to accept Baku back A PACE co-rapporteur said that Azerbaijani authorities must make certain concessions so that the country can return to PACE. Cyprus parliament honors Armenian genocide victims Acting House President Zacharias Koulias noted that April 24 marks the “black anniversary” of the Armenian genocide. Armenia PM, France envoy discuss regional matters Issues related to the consistent development of Armenia-France cooperation were discussed. |