ArmInfo.The Armenian government has found a buyer for the Golden Palace hotel complex in Tsakhkadzor, it will be Project Inter-Invest LLC. This was announced by the Minister of Territorial Administration and Infrastructures Gnel Sanosyan on his Facebook page.
The Minister recalled that according to the situation as of October 29, 2021, the market value of the property (immovable property, including the market value of the land plot) amounted to 5,602,293,000 drams, the value of 3,257 units of movable property inside buildings - structures - 305,757,000 drams. On February 10, an application was submitted for the announced competition, which was satisfied. In order to acquire property, the company presented a price offer in the amount of 5 billion drams (about $10 million), as well as an additional investment program for the next 5 years, worth 4.5 billion drams (about $9 million).
To note, according to the state register of legal entities of the RA Ministry of Justice, the LLC was established on March 21, 2002. There is no free access to information about the owners of these companies. The company owns a number of manufacturing enterprises and offices in Yerevan, Yeghvard, Masis, Charentsavan, Artashat, Bayandur, Karashamb and Nor-Geghi. The company is also engaged in the field of cargo transportation, in connection with which, in 2020, it received a tax benefit from the government of the Republic of Armenia in the form of a deferment from paying VAT.