Investment Projects, Business Armenia Alpine Residential District | Page 6

regions) and the area for the construction
is state owned.
At the same time, the establishment of
a tourist center may also be intended in
that area, which will enable the
availability of different types of
entertainment services in the area and
will
contribute
of
raising
the
competitiveness of the given area.
The construction of the district is
planned to be carried out on 20 hectares
of land, from which the surface of the
building will be about 40,000 square
meters.
Within the framework of the project, it
is envisaged to build up to 45 new luxury
villas, which can provide guests with a
high quality and well-being stay. The
houses will have up to 3 floors, which will
be provided with all the comforts.
At the same time, the district's
territory will be separated by a security
zone, which will ensure the safety of the
guests at a hig