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 | U.S. welcomes Armenia, Azerbaijan’s border delimitation announcement Blinken said it is an important step towards concluding a durable and dignified peace agreement. Residents Of border villages protest as Armenia, Azerbaijan agree on delimitation Residents of several Armenian communities in the northeastern Tavush province began protests late on Friday. Up to 10% cashback from GetTransfer with IDBank cards IDBank clients who make their booking on GetTransfer will receive an exclusive cashback. European Parliament to discuss repression in Azerbaijan The European Parliament will discuss repression of civil society in Azerbaijan on April 24 |