“Revitalizing the Past: ‘Old Yerevan’ Reconstruction Program Gains Momentum With Completion of Initial Construction Works”
The ‘Old Yerevan’ reconstruction program is currently underway, focusing on historical and architectural works in a part of the city. Construction works have already been completed, separate from the urban development program. The program, which began in September 2020, is aimed at renovating an area of 19,900 square meters, with about 5,200 square meters still under renovation. Legal disputes related to expropriation and compensation for residents are the main reasons behind the renovation works. The construction of the ‘Old Yerevan’ historical district started in 2005 but has faced delays.
International Bank Approves $116 Million Funding for Armenia’s Urban Development Program
The International Bank approves $116 million funding for Armenia’s Urban Development Program, aimed at revitalizing cities, improving infrastructure, and promoting socio-economic growth. Implemented by UDRIB, the program receives financing from EIB and GCFF.
“Residents of Yerevan’s Historic Kond Neighborhood Rally Against Municipality’s Demolition Plan and Fee Hike”
Residents of Yerevan’s Kond neighborhood are protesting against the demolition and redevelopment of the area. They are demanding the removal of Kond from the agenda and criticizing Mayor Hayk Avinyan for broken promises and increased fees. The protests aim to defend Kond and bring attention to the residents’ struggle against injustice.