TATEV TOURISM CENTER ESTIMATED $40MLN

PanARMENIAN.Net
May 3, 2010 – 11:55 AMT 06:55 GMT

The works for reconstruction of Tatev tourism center are rapidly
progressing.

"Construction of aerial tramway proceeds within the schedule and will
be finished by October 16. It will be the longest aerial tramway
meeting all international standards," executive director of the
National Competitiveness Foundation of Armenia Bekor Papazyan told
a PanARMENIAN.Net reporter.

"Tourism products, including organization of walking tours and
establishment of an oil mill, will be launched. Paths will be laid
towards the cave of Khndzoresk, where national dishes will be offered
to the tourists," he said.

The investments have totaled $20mln, with the whole project estimated
$40mln. "$10lmn was invested for the aerial tramway construction
and $10mln for the reconstruction of the monastery. A part of extra
expenses will be covered by the government," Mr. Papazyan said.