40,000 capacity stadium in Yerevan draws $300 million investmentJuly 18, 2019 - 14:21 AMT PanARMENIAN.Net - Deputy Minister of Education, Science, Culture and Sport Gevorg Loretsyan has revealed that a national Stadium with a capacity of 35,000-40,000 will be built in Yerevan and is set to comply with international standards. “I left for the United States in late April to negotiate the matter with a possible investor,” Loretsyan said in a Facebook post. “An official proposal has already been sent to the Ministry of Education, Science, Culture and Sport.” According to the Deputy Minister, the investor is ready to make investment worth as much as $300 million to build a UEFA Category 4 stadium in Armenia. Though it was initially decided to build the national stadium in one of the provinces, Loretsyan said the facility will be constructed in Yerevan to allow the Armenian capital to host top-level international fixtures, such as the European Cup or European Championship matches. Top stories Armenian gymnast, Olympic bronze medalist Artur Davtyan has reached the finals of the World Cup. Gor Manvelyan has denied reports alleging that he has expressed a desire to one day play for the French national team. Roma midfielder Henrikh Mkhitaryan is not considering FC Spartak Moscow as his next haven, according to fresh reports. 10 Armenian lifters will compete in the 2021 World Championships scheduled to be held from 7 to 17 December in Tashkent. Partner news | Czech-Armenian military cooperation discussed in Yerevan A delegation led by the Director General for the Industrial Cooperation Division of the Ministry of Defence of the Czech Republic visited Armenia. U.S. welcomes efforts to define Armenia-Azerbaijan border The United States welcomes efforts to define the border between Armenia and Azerbaijan, says Vedant Patel. Biden honors resilience of Armenian people on April 24 U.S. President Joe Biden has issued a statement on the 109th anniversary of the Armenian Genocide. Ex-Karabakh leader moved to solitary confinement cell in Baku, his son says David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan. |