Additional 1,9 Mln Euro To Be Allocated For Construction Of Ropeway

ADDITIONAL 1,9 MLN EURO TO BE ALLOCATED FOR CONSTRUCTION OF ROPEWAY TO TATEV MONASTERY

ArmInfo
2009-07-17 10:56:00

ArmInfo. Additional 1,9 mln Euro will be allocated for construction
of a ropeway to Tatev monastery, the press release of the Public
relations Department of the National Competitiveness Foundation of
Armenia says. To recall, 6,8 mln Euro were indicated earlier, during
the agreement signing, concerning purchase of equipment and technical
aids only. Additional 1,9 mln will be intended for construction work.

To note, besides the ropeway construction, the programme of rebuilding
of Tatev monastery also includes the monastery reconstruction and
creation of a hotel complex in a medieval style. Total cost of the
project is evaluated at US $20. The National Competitiveness Foundation
of Armenia is the programme coordinator.

The National Competitiveness Foundation of Armenia was created in
February 2008 and is an Executive Body of the National Competitiveness
Council created by the government decision in November 2007. The
Council’s activity aims at enhancement of the country’s foreign
competitiveness and assurance of stable development. Tigran Sarkisyan
is the Council Chairman. The Council also includes Economy, Finance,
Foreign Ministers and Chairman of the Central Bank.

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