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“Largest Residential Construction and Urban Development Investment in Recent Years Announced in Armenia”

The Minister of Justice, Grigor Minasyan, announced on January 8, 2023, in Yerevan, that the residential construction and urban development investment, Lenta, has become one of the largest investments in recent years. The project of the judicial district building has been re-evaluated and will now be included in the general project of the administrative building of the judicial complex. This decision aims to centralize all judicial institutions by moving the administrative buildings out of the city, near the capital. According to Minister Minasyan, the model for the project is expected to be ready by the end of the year, with the judicial building planned to be located near the court in Yerevan.

Minister Minasyan also highlighted the measures being taken to improve conditions for judges, including modernizing the non-commercial system. Additionally, 860 residential constructions and urban developments are expected in 2023, which will provide improved living conditions for many people. This project is seen as an important tool for the implementation of citizens’ rights and has been recognized as one of the best initiatives in recent years.

Overall, the residential construction and urban development investment, Lenta, is set to significantly transform the judicial district and administrative infrastructure in Yerevan. By centralizing the judicial institutions and relocating administrative buildings, the project aims to enhance efficiency and accessibility. Additionally, the construction of 860 residential units represents a substantial investment in improving living conditions and contributing to urban development. With Minister Minasyan’s optimistic view that the model for the project will be ready within the year, anticipation is high for this major endeavor in Armenia.

Environment-focused journalist, dedicated to issues of climate change and renewable energies.