Ara Abrahamyan Ready to Attract $100mil in Tourism Devlpmt in ROA

RUSSIAN BUSINESSMAN ARA ABRAHAMYAN READY TO ATTRACT $100 MILLION IN
DEVELOPMENT OF TOURISM IN ARMENIA

YEREVAN, MARCH 1. ARMINFO. Russian businessman Ara Abrahanyan is ready
to attract $100 million in development of tourism in the report town
of Tsakhadzor in Kotayk region, Armenia, Abrahamyan informs
journalists in Yerevan, Tuesday.

He says that construction of three-five star hotels and other
facilities is planned on these funds. There are already investors and
it remains to agree on the project with the Armenian Government. “What
will be left of the project after this discussion I do not know,” he
said.