YEREVAN. – The new master plan, which is designed for Armenia’s Zvartnots International Airport of capital city Yerevan, was approved during Thursday’s Cabinet meeting.   

Within the framework of this master plan, a $102-million investment will be made to improve the usage conditions of the airport and for a new building, Prime Minister Tigran Sargsyan noted at the meeting.

“This is a priority for us, and we cannot underestimate the importance of the airport,” Sargsyan added. 

Reflecting on the fate of the old building of the Zvartnots airport, the PM specifically said:

“The issue is about the proposal to demolish the round building. It is clear that it envisions a $15-20-million investment. [But] it is a building of Soviet modernist architecture; that is why our architects offer new solutions.”     

In turn, Government-Affiliated General Department of Civil Aviation Head Artyom Movsisyan stated that the primary investments will be used for the enlargement of Zvartnots’ sitting area, whose overall costs will total $40 million.

In addition, a new building is planned to be constructed for the state agencies, and a free economic zone is expected to be set up at the airport.