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Gayane Hovsepyan

Armenia Wine LLC to Invest $40 Million in Yerevan Project

The Armenian government today approved the sale of a piece of land in Yerevan to Armenia Wine Factory LLC.

The company says it plans to invest US$40 million at the site to build a high-rise Digitown International Center for Innovative IT Technologies.

Armenia Wine says the project will create 5,000 new jobs.

The site, at 13/12 Isakov Avenue now houses the boiler room and land adjacent to Yerevan Music Special School No. 13.

Comments (1)

mihran robert mahmouzian
5000 job you dreaming .another lie

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