Colliers Project Leaders – Middle East has secured the mandate to provide comprehensive project management solutions for Armenia’s new World Trade Center in Yerevan, valued at approximately $250 million. This ambitious project, a public-private partnership between the Armenian government and Renshin Ltd., is set to feature a state-of-the-art mixed-use development encompassing commercial spaces, offices, retail outlets, hotels, and exhibition halls.
With a solid reputation in the real estate sector, Colliers Project Leaders has successfully delivered numerous large-scale projects globally, including the World Trade Center in Bengaluru, India. The firm’s growing presence in the Middle East has garnered recognition for excellence across various segments, such as infrastructure, residential, education, healthcare, and office spaces.
Sankey Prasad, Chairman & Managing Director for Colliers in the Middle East and India, emphasized the firm’s commitment to integrating global best practices and pioneering technologies to ensure superior project outcomes. “We are grateful to Renshin Limited and the Government of Armenia for entrusting us with this marquee assignment,” Prasad stated.
Artashes Tonoyan, CEO of the World Trade Center Yerevan, highlighted the project as a landmark development aimed at becoming the new face of Yerevan. “After a rigorous selection process, we are excited to partner with Colliers Project Leaders for this unique endeavor,” he said, looking forward to the collaboration that promises to redefine the city’s skyline.
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