PRIME MINISTER GOES TO SEE RENOVATION PACE OF KAREN DEMIRCHIAN COMPLEX
ARMENPRESS
Aug 30 2007
YEREVAN, AUGUST 30, ARMENPRESS: Prime minister Serzh Sarkisian
and Murad Muradian, the ethnic Armenian owner of the Moscow-based
construction group BAMO, went to see today how the Karen Demirchian
Sport and Cultural Complex, one of Yerevan’s largest and most imposing
buildings, is being remodeled into a modern facility.
The Sport and Cultural Complex, which has two large concert halls,
was built at Karen Demirchian’s initiative (when he was the ruler of
Communist Armenia) in 1983 and became one of the most modern Soviet
facilities of its kind. It has since mainly hosted concerts by Armenian
and foreign singers.
Murad Muradian told reporters today that his company has already spent
some $16-$18 millions on the purchase and ongoing reconstruction of
the complex and will spend $6-$8 million more to accomplish the work.
He said the building has been connected to the natural gas pipeline
and a new boiling house furnished with state-of-the-art equipment
has been built for it.
The company has also replaced 1,200 doors and windows.
The company has hired specialists from Russian Saint Petersburg to
build a modern skating rink. Murad Muradian said though workers
here receive monthly $500-600, there is a big demand for skilled
labor force.
BAMO has won the right to build three sporting facilities in Russian
Sochi that will host 2014 Winter Olympic Games.