Ingeocom Union Russian CJSC intends to invest 150 million in implementation of large construction programs in the center of Yerevan, reports Diplomat Russian journal in its November issue. First of all, the matter concerns reconstruction of the center of the city and building of an important state object for the Armenian government. Within 3 years some 300 thousand square meters of flats, multifunctional complexes, offices and hotels are planned to be built. Thereupon, 2 thousand workplaces will be created in the Armenian capital.