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Armenian Economy Minister Gevorg Papoyan received Fabrizio Zarcone, World Bank Country Manager for Armenia, on July 10.
The Armenian Ministry of Economy announced the meeting in a statement.
The sides discussed the progress of the Tourism and Regional Infrastructure Improvement Project (TRIP).
They highlighted the initiative’s role in developing tourism and modernising regional infrastructure and agreed to continue close cooperation to ensure the effective and timely implementation of the planned measures.
The TRIP project envisages an investment of €120 million to develop tourism clusters in Goris, Areni, Jermuk, Yeghegis, Dvin, Gyumri and Dilijan.
The programme aims to promote wine, wellness, adventure, cultural, educational and ecotourism, while increasing Armenia’s attractiveness as a tourist destination and strengthening the competitiveness of its regions.