Armenian Government Approves $62 Million Winter Resort Project


The Armenian government yesterday gave the green light for a 30 billion AMD ($62million) winter resort complex in the country’s Aragatzotn Province.The 2,080-hectare resort complex will be built by Mailer Mountain Resort CJSC, a company owned by Tigran Harutyunyan, brother of former MP Vahan Harutyunyan.The company claims 250 construction jobs will be available and that the resort, featuring a hotel, ski lifts, and a casino will employ 1,500. The company says the resort will have the capacity to accommodate 50,000 customers a year and will earn enough to pay 1.2 billion AMD in taxes.The inclusion of a casino proved to be a sticking point when the project was presented to the government.Check out the full story on Armenpress.


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