Armenia to Create Jobs, Attract Private Investment through Stronger Local Tourism Infrastructure
Armenia, April 18 -- The World Bank Group's Board of Executive Directors today approved a $100 million project to improve access to resilient infrastructure and strengthen the role of tourism in the economy of Armenia. The project will create job opportunities, attract private investments, and benefit local communities and visitors in seven prioritized areas across the country.The Tourism and Regional Infrastructure Improvement Project aims to address key constraints in Armenia's tourism sector. Over 1 million residents and visitors annually are expected to benefit from better roads, improved access to urban infrastructure services and enhanced tourism experiences in the project areas.Through the promotion of tourism practices that provide ...
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