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Agreement signed on construction of World Trade Center in Yerevan

Armenian Economy Minister Gevorg Papoyan on behalf of the government and CEO of Renshin LLC developer Eduard Marutyan signed today an agreement on the construction of World Trade Center (WTC) in Yerevan. YEREVAN, April 30. /ARKA/. Armenian Economy Minister Gevorg Papoyan on behalf of the government and CEO of Renshin LLC developer ...

04/30/2024


Armenian economy minister expects several large investment projects to be implemented in 2021

Armenian Minister of Economy Vahan Kerobyan told reporters today that several large investment projects will be implemented in Armenia in 2021, including a 50 billion dram investment by Renshin company. YEREVAN, February 11. /ARKA/. Armenian Minister of Economy Vahan Kerobyan told reporters today that several large investment projects will be implemented in Armenia in 2021, including a 50 billion dram investment by Renshin company. In his words, these projects are already in the ...

02/11/2021


Kempinski branded luxury residential complex will be built in Armenia, the project cost is more than $200 million

... complex under the international Kempinski Hotel brand will be commissioned in Armenia in early 2025. YEREVAN, July 7. /ARKA/. The Artlife Kempinski Residences Yerevan complex under the international Kempinski Hotel brand will be commissioned in Armenia in early 2025. Levon Kasparov, operational director of Renshin Urban Investment, told a press conference on Friday that an agreement was signed with Kempinski Hotel on branding the Artlife residential complex. "There is no such branded complex in Armenia, and there is only one in the CIS. A branded ...

07/07/2023


Two new hotels to appear in Yerevan

Two new hotels will be built in Armenia’s capital city worth $8 and $50 million respectively, Yerevan mayor Taron Margaryan told a Cabinet session today. He said the first hotel will be built by Renshin construction company on Tumanyan street in central Yerevan. YEREVAN, February 19. / ARKA /. Two new hotels will be built in Armenia’s capital city worth $8 and $50 million respectively, Yerevan mayor Taron Margaryan told a Cabinet session today.  He said the first hotel will be built by Renshin construction company on Tumanyan street in central Yerevan. The building ...

02/19/2015


Construction progress of the World Trade Center in Yerevan discussed at Government

... instructed to discuss all possible issues and solutions in detail through working meetings. Earlier it was reported that the building of the former Main Post Office (22 Saryan Street) will be demolished for the construction of the World Trade Center. The Armenian government approved the corresponding investment project on September 7, 2023, and the construction agreement was signed with “Renshin” company on April 30, 2024. In 2024, the cost of the project was estimated at $212 million, the total area of buildings and constructions is 123 thousand square meters. 50% of the business center will be owned by investors, 19.82% by the government,...

05/22/2025


Business center worth more than $200 million will be built in Yerevan in lieu of Main Post Office

... and erecting in its lieu a World Trade Center (WTC). The total cost of the project is estimated at $212 million; the total area of the new building will be 123 thousand square meters. The construction of the center will be carried out by the company Renshin. Some 50% of the WTC will be owned by investors, 19.82% by the government, and 30.18% by Armenian national postal operator HayPost. "According to my estimates, we have not yet built a building of this scale in Armenia," Prime Minister Nikol Pashinyan said.-0-

09/07/2023


Government approves sale of land plot on Saryan Street to investors of World Trade Centre network

... Proshyan Streets, adjacent to the building of the Main Post Office (22 Saryan Street). Earlier it was reported that the building of the former Main Post Office on Saryan Street will be demolished for the construction of the World Trade Centre (WTC). The Armenian government approved the relevant investment project on 7 September 2023. The construction contract was signed on 30 April 2024. The construction of the centre will be carried out by Renshin Company. The cost of the project is estimated at $212 million, the total area of buildings and structures will be 123 thousand square metres. About 50% of the business centre will be owned by investors, 19.82% by the state and 30.18% by Haypost ...

06/27/2024


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