Yerevan/Mediamax/. The Victory Park in Yerevan will be transformed into Disneyland.

Mediamax reports that Mayor of the capital Karen Karapetyan informed on this at a news conference in Yerevan today. According to him, about USD 60-70mln will be invested in implementation of the given project.

Presenting the projects of the City Administration on attracting private investors, Karen Karapetyan added that “Tashir” Group of Companies will invest USD 6-8mln in reconstruction of the circus in the capital.

“We have concluded a serious agreement with “Tashir”. I believe, it will be a good project”, he said.

Karen Karapetyan informed that the City Administration is discussing with the Armenian government the issue of the transfer of the House of Culture, functioning in the territory of former “Kanaz” factory, to the City Administration.  They plan to open a social cinema theatre in the given territory.