Aghveran Hotel opens in Armenian resortJuly 9, 2010 - 15:21 AMT PanARMENIAN.Net - Armenian Prime Minister Tigran Sargsyan participated in an opening ceremony of Aghveran Hotel as part of his visit to Kotayk region of Armenia. Elite Group company purchased the hotel located 50km of Yerevan as a semi-constructed building in 2006. Currently, the holiday center occupies 60,000sq.m. and consists of 8 wings. Besides, it has bowling center, pool, tennis court, etc. $5mln was invested in the hotel. "Previously, Abovyan used to be an industrial region with numerous plants. After the USSR collapse, many plants were shut down, resulting in job reduction. The region's social and economic development is of keen importance. Currently, the region's development is largely based on tourism, as a result of which tens of hotels and rest houses have been constructed there," the Prime Minister said, adding that European-class hotels are constructed in Kotayk region, what will stimulate international tourism. PM Sargsyan also noted that the investments in the region are very effective. "It is important that the guarantees provided to Elite Group company as part of the anti-crisis policy have justified themselves," he concluded. 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 | Viva-MTS: Tech solutions to modernize infrastructure of border village The border village has been the focus of Viva-MTS and the Foundation for the Preservation of Wildlife and Cultural Values since 2015. Ucom's fixed network launched in Artashat To mark this occasion, the company has introduced a special offer exclusively for Artashat residents. “By Your Side”: IDBank's new support program for displaced Artsakh citizens IDBank is launching a long-term social support program for forcibly displaced Artsakh residents. The Power of One Dram to benefit Road of Life charity The companies inform that the May beneficiary of The Power of One Dram is the “Road of Life” charitable organization. |