CONSTRUCTION OF ‘ARMENIA’ OLYMPICS HOTEL IN SOCHI TO KICK OFF IN 2010

Asbarez
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Aug 10, 2009

YEREVAN -The construction of the "Armenia" hotel complex for the
2014 Olympic Games in Sochi will kick off in 2010. Armenia’s chief
architect Narek Sargsyan said that Russia has provided a plot of land
in Sochi to each of the CIS countries for construction of hotels.

The hotels will be constructed under the patronage of the governments
by private companies. With the decision of the Armenian government
Armenia’s private investor is the "Bamo" company.

Sargsyan said that in order to have the highest quality project, the
Bamo company, in conjunction with Armenia’s Urban Development Minsitry,
announced an international request for proposals. The organizers of
the tender were the urban ministry and the Russian Union of Architects,
of which Sarsyan is co-chairman. He also chaired the jury.

The RFP was announced two months ago and in a short time 43 proposals
were presented, of which 27 were reviewed. With the unanimous decision
of the jury, the project was awarded to the Armenian Project Institute
headed by Sargis Sardaryan. The Bamo corporation is expected to sign
a contract and begin the construction effort.

"The submission of so many proposals in such short period of time
shows the great interest displayed toward the project," said Sargsyan.