In order to create the “Metsamor” film city, the Armenian Cinema Fund received another grant from the state, this time with the largest volume.

Thus, on March 9, the contract on the use of the financial support provided by the state in the form of a grant signed between the Ministry of Education, Science, Culture and Sports and the Armenian Cinema Fund was made public on the Electronic Shopping Platform, from which we learn that the Ministry provided 300 million drams to the fund.

With this amount, the fund undertook an obligation to “Cinema Town” LLC to create cinema booths in the area of ​​8940.97 square meters of Metsamor city, provided with the right of free use for a period of 10 years.

According to the contract, the 45 outdoor pavilions will become the property of RA.

By the way, “Cinema Town” LLC was founded in 2024. one of the shareholders of this company is Hayk Ordyan with a 62 percent share.

It should be noted that in 3 months from the beginning of 2026, according to the publicized contracts, the Armenian Cinema Fund received 12 grants from the Ministry of Education and Culture, with a total volume of 656 million 600,800 AMD. 168.am earlier to some of the grants referred to reminding that the director of the Cinema Fund is Davit Banuchyan, the husband of Sona Ghazaryan, a deputy of the ruling “Civil Agreement” faction of the National Assembly.

In 2024, it became clear that the Film Center of Armenia will be replaced by the Film Foundation of Armenia, and already in July, Banuchyan assumed the position of director of the newly created foundation.

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