Company to build $2 billion worth residential complex in Yerevan

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16.12.2021, 19:27

Yerevan Mayor Hayk Marutyan met today with top managers of Defense Housing Company which is to build a residential complex on 128 hectares of land in Yerevan's Ajapnyak district, the Municipality said.

Company to build $2 billion worth residential complex in Yerevan

YEREVAN, December 16. /ARKA/. Yerevan Mayor Hayk Marutyan met today with top managers of Defense Housing Company which is to build a residential complex on 128 hectares of land in Yerevan's Ajapnyak district, the Municipality said.

According to the Municipality, the cost of the project is estimated at about $2 bln. The project will be realized in several stages.

In addition to the residential complex, the company will also build a school, a kindergarten, an artificial lake, and forest park zone on 11 hectares.

Marutyan expressed his support to all investors and developers who along with the improvement of the city also solve important infrastructural problems. --0--

#DEFENSE HOUSING

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