Government greenlights construction of $190,000,000 ski resort on Mount Aragats

12:32, 2 March 2023

YEREVAN, MARCH 2, ARMENPRESS. A new ski resort and eco-agricultural complex is expected to be built on the slopes of Mount Aragats after the government approved the 190,000,000 USD investment project during the March 2 Cabinet meeting.

The ski resort and eco-agricultural complex covering 4,400 ha of land will feature a new village with 300 mini-farms and guest houses. A new reservoir with a capacity of 3 million cubic meters is also planned to be built in order to ensure water supply for the village. The ski resort will have 5 ropeway lines, a 30km piste and hotels.

Minister of Economy Vahan Kerobyan said the investment project will be implemented by Rid LLC.

Disclaimer: This article was contributed and translated into English by Emil Lazarian. While we strive for quality, the views and accuracy of the content remain the responsibility of the contributor. Please verify all facts independently before reposting or citing.

Direct link to this article: https://www.armenianclub.com/2023/03/02/government-greenlights-construction-of-190000000-ski-resort-on-mount-aragats/

Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS