Press releases

PM holds consultation on Firdusi Residential District-33 construction project

07.08.2020

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Prime Minister Nikol Pashinyan held a consultative meeting to discuss the Firdusi Residential District-33 construction project, which is under development. The project implies a total building area of 58 thousand square meters, 49 thousand square meters have already been alienated; 9 thousand square meters are yet to be alienated. 378 families have received compensation, and 50 families are in the process of receiving compensation.

There are 7 teams strong with 60 architects working on the micro-district construction project. USD 60 million will be disbursed in compensation. The estimated investment cost is USD 300 million. 8-10 thousand new jobs will be available during the implementation stage.

The executives in charge of the project assured that great attention will be paid to architectural monuments. The district will have several underground parking lots.

A number of proposals and recommendations were voiced during the exchange of views that followed. Highlighting the conservation of architectural monuments, Prime Minister Pashinyan called for strict compliance with the previously developed standards until the project’s completion.
 

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