Investment Projects, Business Armenia Artek Resort and Adventure Park Complex | Page 4

Executive Summary
Project Overview This project envisages creating a modern resort complex
in Vanadzor on the site of former “Artek” international
pioneer camp. The complex will include a hotel and an
Aerial Adventure Park, and will offer quality
accommodation and services all year round.
Sector Tourism and Entertainment
Budget 7,913,815 USD
Type of Investment Green-field
IRR 7%
Payback Period Year 9
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