Lebanese Armenian investors are planning to build a 600-house district on the territory of the city of Yeghvard, Governor of Kotayk Province informs in a Facebook post.
The district will house 2,800 people. Seven houses have already been built in the neighborhood called “Mari.” The construction of the rest is under way.
The district will have a kindergarten, an educational complex, a church, shopping centers and entertainment places.
Investors say they thus want to contribute to the reinforcement of Armenia-Diaspora ties.
The Governor said to be ready to support any initiative that meets the interests of the community.