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Address: 5 M. Mkrtchyan, Yerevan 0010
Tel.: +374 11 597128
Fax: +374 11 597 125
E-mail: projects@mineconomy.am
Skype: investmentprojects
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Business Avenue
Project Cost:
$ 800,000
Internal rate of return (IRR) 49%
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PROJECT DESCRIPTION
Investment Plan (1)
Disclaimer
The investment project aims to establish regional branding in Gyumri that involves many areas suggesting multiple service implementation. The suggestion is to renovate the current structures in the territory of the previous textile factory in Gyumri covering 60.000 square meters that are highly important architectural values in the region. Part of the project intends to build a street connecting two main streets (St. Khrimyan hayrik and Garegin Nzhdeh) that will become a platform for small and medium entrepreneurship formation and development.
Access to the information and documents contained in this website is provided as a public information by the Ministry of Economic Development and Investments of the Republic of Armenia. Statistics, data, and financial indicators are prepared and presented by owners of investment projects. The information presented does not make liable or necessarily reflect the views of the Ministry of Economic Development and Investments of the Republic of Armenia. The Ministry of Economic Development and Investments of the Republic of Armenia makes no warranties, either express or implied, concerning the investment projects profitability, implementation time framework, initial calculations or suitability of investment projects.

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