Ropeway to be constructed in historical-cultural reserve Old Khndzoresk

ArmInfo. "Armhydroenergy project" institute together with the Swiss company Garaventa AG, part of the contour of the transnational corporation Doppelmayr Garaventa Group, will build a funicular on the territory of the historical and cultural reserve "Old Khndzoresk" in Syunik region of Armenia. An agreement on this in the presence of the Minister of Economic Development and Investments of the Republic of Armenia Suren Karayan was signed the day beforeAccording to the press service of the Ministry, the volume of investment in the first phase of the project will be $ 6.1 million.

The source of project financing is not reported.Minister of Economic Development and Investments of the Republic of Armenia Suren Karayan noted the importance of the signed document, which will allow modernizing the tourist infrastructure of Syunik marz and increase the attractiveness of local places.