Investment Projects, Business Armenia Alpine Residential District | Page 5

Project Description
Highlighting the importance of
restoration of recreation centers in
Armenia, the Government of RA plans to
build a new and up-to-date district in the
area near the Kechut reservoir next to
Jermuk resort town.
Jermuk is located in Vayots Dzor
region, which is 50 km north-east from
the regional center and about 170 km
from Yerevan. It is one of the three
biggest resort towns in Armenia.
Jermuk is famous for its hot springs
and mineral water brands bottled in the
town. It is attractive for its fresh air,
waterfalls, artificial lakes, walking trails,
the surrounding forests and mineral
water pools. The town is being
redeveloped to become a modern center
of tourism and healthcare services.
Jermuk is also being set up to become a
major chess center, with numerous chess
international tournaments scheduled in
the town.
The town is located at a height of 2080
meters above sea level, within the
mountains, among thick forests. The
height of the surrounding mountains
ranges between 2500 and 3500 meters,
all covered with forests and alpine
meadows.
The forests of Jermuk are rich with oak
and hornbeam trees, as well as with dog
rose, wild pear, plum and juniper plants.
Animals like foxes, rabbits, badgers and
bears can be found there.
The town is characterized with alpine
climate providing mild weather during
the summers with cold and snowy
climate during the long-lasting winters.
The annual precipitation level is 800
mm (31.50 in).
Yearly average։

high °C (°F) - 9.9 (49.8)

low °C (°F) - −1.0 (30.2)

rainfall mm (inches) - 779 (30.67)

rainy days - 140.5
The new residential district can be
built in the eastern, western and
northern parts of the reservoir (the area
crossing the Kechut village), which will be
constructed in alpine style and will have
different types, sizes and significance
buildings (chalet - typical for the alpine
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