Investment Projects, Business Armenia Medieval Village Creation | Page 6

Products and Services On the territory of village, a center will be built included different sites where native Armenian craft masterclasses will be provided such as handicrafts, carpet weaving. At the entrance of the village there will be a souvenir shop where visitors can buy large variety of local craft works. The organizers offer various games where the visitors become participants. Stories about historic events will be told as well. It will focus on providing comfortable and peaceful atmosphere. Following products and services provided in the village:  Historical monuments  permanently skilled stuff  Armenian cuisine with its traditional food  outdoor sport and cultural events  Armenian craft making (carpet, pottery),  horseback riding, hiking  rescue service  medical center Market Analysis It is a well-known that tourism is a sector that can contribute to the economic growth of a region. The RA Government considers tourism development as a priority, thus is carrying out deep and comprehensive reforms in tourism sector due to which today Armenia has become an “open-door” destination with various opportunities for beneficial investment and business activities. The Government of the RA encourages foreign businesses and individuals who think about or intend to make any investing decision in Armenia. This investment project has a strong focus on providing the tourist flow and introducing with national values and culture of our countryside. 5