Local Economy and Infrastructure Development Project
In 2016 Armenian Territorial Development Fund will embark on implementation of the Local Economy and Infrastructure Development Project (LEID).
The LEID Project primary objective is to improve infrastructure services and institutional capacity for increased tourism contribution to local economy in selected regions of Armenia.
The Project activities are expected to benefit the residents, tourists and enterprises in five regions of Armenia, namely Ararat, Kotayk, Lori, Syunik and Vayots Dzor marzes. Residents, tourists and enterprises are expected to receive improved access to, and quality of, public infrastructure, increased volume of private sector investment in the regions and increased number of small and micro enterprises in renovated cultural heritage sites and cities.