Mayler company to invest AMD 12bln in Yegipatrush ski resort in 2025

ArmInfo. Mayler Mountain Resort plans to invest 12 billion drams in the development of a ski  resort in the village of Yegipatrush, Aparan community, Aragatsotn region of Armenia, in 2025. This was reported to the RA Minister of Economy Gevork Papoyan during his visit to the future resort.

According to the press service of the RA Ministry of Economy, about  27 billion drams have already been invested within the framework of  the implementation of the investment program of the companies. In  total, about 100 billion drams are planned to be invested.

The company took advantage of a number of state support tools, in  particular, the exemption from customs duties and the state leasing  support program, under which modern equipment was purchased.  The  sports complex occupies an area of about 2,070 hectares, 600 of which  are intended for development. In the 2024-2025 season, the company  will already have two ten-seater cable cars, designed and supplied by  the world-famous Doppelmayr company, which will allow guests to rise  from the starting point of the complex to the highest peak of the  complex, at a height of 2,850 meters, from where a beautiful view of  the Ararat Valley and Mount Aragats opens up. The length of the ski  trails will be 21 km, which correspond to all 4 European levels of  difficulty, with their color classification. In total, 17 cable cars  are planned to be installed at the resort. The company employs 450  people.

Gevorg Papoyan and members of the Free Economic Zones Commission,  accompanied by the Mayler Mountain Resort executives, inspected the  complex, monitored the ongoing work, the activities of the  entertainment centers and cable car stations, and familiarized  themselves with the upcoming programs.

The complex already has 3 restaurant complexes, 3 cable cars, 2  rental halls, an artificial snow system and chalets for overnight  stays. Another restaurant and an Olympic-level ice rink will open in  the coming days. Several hotel complexes are planned to be built in  the near future, including those representing international brands.

The road leading from Egipatrush to the ski resort was built using  public funds. The territory of the complex was recognized as a free  economic zone in August 2024, and Mayler Mountain Resort LLC was  granted the status of the organizer of the free economic zone.