 One-of-a-kind entertainment complex to be constructed in Armenia January 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 |  Latest news Turkey extends military presence in Azerbaijan  The Turkish parliament has adopted a bill submitted by Recep Tayyip Erdogan to extend the mandate of Turkish troops.Russia to begin assessing migrant workers' speaking skills Rosobrnadzor is planning to change the Russian language exam for migrant workers and include an assessment of speaking skillsArmenian, Saudi Foreign Minister meet in Riyadh The two commended the positive dynamics of the development of political dialogue between Armenia and Saudi ArabiaPashinyan: Azerbaijan’s proximity shouldn’t worry border residents At the same time, he said that he “does not guarantee [the security of villagers] one hundred percent”. |
