Investment Projects, Business Armenia Alpine Residential District | Page 4

Executive Summary
Project Overview Creation of new alpine residential district in Vayots Dzor
marz (region) near the Kechut reservoir, next to the
Jermuk resort town.
Sector Construction/Real Estate
Budget 50 million USD
Type of Investment Green-field
Total area of the land 20 hectares (from which 40,000 m 2 is building area)
Construction period 2-4 years
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