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€23 million to be invested in Reebok sport club in Armenia

06.02.2017, 11:13
Serzh Sargsyan, Armenian president, together with Taron Margaryan, Yerevan mayor, visited Saturday Reebok sport club located in Davitashen community of the capital.

€23 million to be invested in Reebok sport club in Armenia
YEREVAN, February 6. /ARKA/. Serzh Sargsyan, Armenian president, together with Taron Margaryan, Yerevan mayor, visited Saturday Reebok sport club located in Davitashen community of the capital. 

“Accompanied by the founders and managers of the club, the President of Armenia toured the club, which is constructed in line with international standards, familiarized with the works, investments made in the club starting from year 2015, created jobs, opportunities offered by the sport club, services provided to the public in different sports, and programs of future development,” the presidential press office reports.  

Reebok sport club is to be opened in April 2017. 

As many as 120-300 new jobs with the average salary of 200.000 AMD will be created here in 2017-2020. The entire cost of the project is 23 million Euros, 19.5 million of which has been invested already. 

The creation of the club has become possible through the franchise agreement with the world famous Reebok Company. 

“In the framework of the investment project, it is also envisaged to create a rehabilitation sport center for the professional and non- professional athletes with injures. The center will be equipped with the contemporary devices,” the presidential press office says. --0---