ArmInfo. Armenia's Minister of Economy Vahan Kerobyan visited the Yeghipatrush, Aragatsotn province, to inspect the process of construction of a new mountain resort, Myler.
The minister was hosted by Tigran Harutyunyan, owner of the MYLER Mountain Resort company, and Director Mher Baghdasaryan.
The company representatives told Mr Kerobyan that a ropeway, pistes, entertainment centers, water shoots meeting European standards will be constructed in an area of 2,080 hectares.
The ski resort is a most interesting and important initiative, which will make Armenia much more attractive to tourists.
Armenia's government approved the investment project on July 29, 2021.
During the implementation of the investment program - within 2 years, about 250 jobs will be created, and after the start of the program - about 1,500 permanent workers with an average salary of AMD 180,000.
Mr Kerobyan, who was Acting Minister then, said the program will cause a 0.2% annual GDP growth, with AMD 1.2bln to be paid to the state budget.
On February 3, 2020, during an Armenian-Austrian business forum, Myler Mountain Resort singed a contract with Doppelmayr, a world leader in ropeway construction, on the purchase of a new ropeway worth a total of EUR 24mln.
On July 21, 2021, Armenia's government granted MYLER Mountain Resort's application for exemption from duties on the import of equipment, spare parts, and materials. The new ropeway is expected to be put into service in 2023-2024.
