Mayor presents capital’s key development projects

Mayor presents capital’s key development projects
February 26, 2026 - 11:37 AMT

PanARMENIAN.Net - Yerevan Mayor Tigran Avinyan presented the capital’s development priorities to business representatives who arrived from France.

He highlighted programs to modernize the transport system, the reconstruction of Noragyugh, and waste management initiatives.

The discussion also covered the implementation of digital transformation projects, including the introduction of a GIS geographic information system.

Presenting the strategic directions of the capital’s development and investment-oriented projects, Avinyan stressed that Yerevan is open to innovative ideas, advanced technologies, and sustainable investments.

Among the major urban development projects planned in Yerevan is the reconstruction of the Noragyugh district. The Downtown project in Noragyugh aims to ease congestion in the city center and shape a new image for modern Yerevan. French architects are studying the district’s challenges and development prospects and have presented conceptual proposals.

 Top stories
Armenia dismisses Turkey’s demand to shut down nuclear plant as “inappropriate”Armenia dismisses Turkey’s demand to shut down nuclear plant as “inappropriate”
Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”.
Armenia to loan AMD 2.9 billion to KarabakhArmenia to loan AMD 2.9 billion to Karabakh
Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision.
Azerbaijan opposes Armenia’s plans to build new metallurgical plantAzerbaijan opposes Armenia’s plans to build new metallurgical plant
The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision.
Armenia attracts record amount of foreign direct investments, says MinisterArmenia attracts record amount of foreign direct investments, says Minister
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
 Articles
4 rules for business success

An ultimate guide

 Most popular in the section
IDBank to participate in Career City Fest 2023
Production of natural vegetable oils was established in Spitak
Shell already in Armenia: First fuel stations put into operation
Moody's upgrades IDBank's long-term deposit ratings to B1, changes outlook to stable from positive
Home
All news
Overview: Economy
Archive for February 26, 2026
Other news in this section
 Latest news
Viva sees growing demand for cloud services In recent years, medical institutions are starting to make use of Viva’s cloud services
Turkey replacing term "Central Asia" with "Turkestan" in textbooks The Turkish Ministry of Education is replacing the term "Central Asia" with "Turkestan" in textbooks.
Armenian, German presidents meet in Berlin Armenian and German Presidents Vahagn Khachaturyan and Frank-Walter Steinmeier met in Berlin.
Armenia assumes presidency of Mediterranean Network of Regulatory Authorities The Commission on Television and Radio of Armenia said it expects productive cooperation in various formats.
---