CLUSTER CONSISTING OF 40 TO 50 MOTELS TO BE BUILT IN ARMENIAN PROVINCE OF TAVUSH
ARKA
March 6, 2008
YEREVAN, March 6. /ARKA/. A cluster consisting of 40 to 50 motels
are planned to be built in Armenian province of Tavush.
Ishkhan Karapetyan, executive director of Small and Medium
Entrepreneurship Development National Center, said the center views
the motel cluster program as an interesting niche for activity.
He said that similar B&B (Bed and Breakfast) clusters function in
other countries.
"There is favorable room for creating a similar network of motels,
each of which will constitute a separate entity of small and mid-scale
business", he said.
Karapetyan also said that after the 50-motel network creation by
2008, these entities will be able to join the world well-known
Internet sites.
Later an association of motels will be created in the province.
The center was established in 2002.
Armenian government allocated AMD 400 million from the state budget for
small and mid-scale business development. ($1 = AMD 308.40).