Armenia’s government has approved a loan agreement with the International Bank for Reconstruction and Development for a tourism and regional infrastructure project.

According to Radar Armenia, the project includes the construction of a ropeway connecting the center of Dilijan to the Takhta district.

The initiative aims to support 7 of Armenia's 20 designated tourism destinations: Areni, Dilijan, Dvin, Gyumri, Jermuk, Goris, and Yeghegis.

The total value of the program is €120.5 million, with €24.1 million to be co-financed by the Armenian government.

The goal is to enhance Armenia’s tourism potential through targeted infrastructure and soft investments in several provinces. Specifically, the program will promote tourism in seven distinct clusters focused on wine, wellness, adventure, culture, education, and ecotourism across Ararat, Vayots Dzor, Shirak, Tavush, and Syunik regions. It prioritizes connectivity to these clusters and upgrades to key tourism sites. The program aligns with the World Bank’s strategy to attract private capital into defined tourism clusters.