The Board of Trustees of the Development Fund of Armenia, headed by Prime Minister Karen Karapetyan, summed up and chose the 3 best projects of the "Reconstruct" competition announced for tourism development. The Armenian Development Fund has organized a solemn ceremony and awarding the three best programs to the groups.

The first prize, a certificate on $ 15,000, was handed over to the group presenting the project of Eco-Houses in Armenia, which aims to develop a touristic way linking Armenia's historic and scenic sites to the Sanahin and Haghpat Monasteries from Khustup.

The second prize, a certificate on $ 10,000, was handed over to the group representing the SevApp resort area, which aims to build and exploit a resort area 7km far from Shorzha Village.

The third prize, a $ 5,000 equivalent certificate, was handed over to the group representing the project of "Yerevan Lake Smart Park", which aims to create a wide choice of entertainment for tourists and locals.

Before the awards, the jury consisted international and governmental officials, have chosen the top five projects, first examining 60 ideas from Armenia and the Diaspora at the first stage, and at the next stages, having already discussed the 20 best business projects, chose winners.

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