Friday, July 10 2026 17:30
Alina Hovhannisyan

Economy  Minister receives World Bank Country Manager for Armenia

Economy  Minister receives World Bank Country Manager for Armenia

ArmInfo.Armenian Minister of Economy Gevorg Papoyan received Fabrizio Zarcone, World Bank Country Manager for Armenia.

 During the meeting, the parties discussed the progress of the  Tourism and Regional Infrastructure Improvement Project (TRIP), which  is backed by a budget of EUR 120 million. Papoyan and Zarcone  underscored the critical importance of this initiative in advancing  the tourism sector and modernizing regional infrastructure. They  agreed to maintain close cooperation to ensure the effective and  timely implementation of all planned activities.

The TRIP program focuses on developing tourism clusters in Goris,  Areni, Jermuk, Yeghegis, Dvin, Gyumri, and Dilijan. The project is  designed to stimulate growth in various segments including wine,  wellness, adventure, cultural, educational, and ecotourism thereby  enhancing Armenia's appeal as a travel destination and strengthening  the competitiveness of its regions.

It is worth noting that, according to the Tourism Committee, Armenia  welcomed 1.041 million tourists in the first half of 2026, marking a  14.8% increase compared to the same period last year.