The RA Minister of Economy met today with the representatives of “Laura Investment” company to discuss the concept of the skyscraper to be built in Yerevan. This was reported by the press service of the ministry.

During the presentation, the initiators presented the investment plan for the 270-meter-high and 71-story skyscraper in Yerevan. The design works of the multifunctional residential complex will last about 2 years, and the construction works will last 5 years. The steps aimed at ensuring the seismic stability of the complex were presented.

In general, the investments will amount to 270 million US dollars. It was noted that the construction is planned to be carried out in the area adjacent to the current Dalma Gardens, where the company is also proposed to create and improve infrastructure: parks, playgrounds, a recreation area and a cable car. According to the head of the company, Davit Chitchyan, there is serious interest in the complex.

 Minister Khachatryan assured that the investors will feel the support of the Ministry in all matters where it is needed. The minister proposed to consider the possibilities of using the potential of local production during the implementation of the project.

 Partner of “Laura Investment” “Baynona Engineering Consulting”

the company presented the programs implemented by them, as well as issues related to the construction of the complex.