The groundbreaking ceremony for the construction of a new China Embassy took place in Yerevan today. The new site is located on Admiral Isakov 17/4, near the intersection of Isakov and Bagratunyants avenues. China constructing its new embassy near the US embassy and it will be the second largest embassy in Armenia after the US Embassy. The territory of the embassy occupies about 4 hectares. Construction works will be carried out by builders from China and, according to preliminary data, construction will last for about two years. Today, the Embassy of People's Republic of China located at Baghramyan 12, which has been provided by the Armenian Government on a temporary basis since 1992.

The first photovoltaic solar power station to build in Armenia. The «Masric 1» station needs about US$ 50 million investment. The station's planned capacity is 55 MW and according to estimation for Masric region area 1 square meter solar panel can generate up to 1800 kW/h energy per year. The first stage of international tender was completed a few days ago. 10 foreign companies were chosen to continue participation for the second stage in September. Preferences will be given to the company that will provide most competitive offer. The construction of solar power plant is planned in 2018.

Recently Armenian Ministry of Urban Development presented a new development mega project on the site of well-known old market called "Firdausi". If the project is implemented, on the site of old market and its surroundings will arise a new development conventionally dubbed "Round Square". According to the Ministry the project will be implemented within 3-4 years with about US $ 300 million total budget estimated. The whole project will offer about 200 thousand square meters of total area and will consist of "Round Square" with a diameter of 85 meters and buildings height of 30-36 meters, underground parking, public and business centers, hotels and residential buildings. Ministry of Urban Development assures that the all valuable architectural buildings of the site will be saved.

As part of the memory of the 100th anniversary of the Armenian Genocide the Armenian Genocide Museum opened its doors. Reconstruction works began in 2011. The total are of museum is 2.5 thousand square meters and now it has 12 display rooms instead of previous 3. For the first in Armenia were employed a new technologies, design approaches and solutions which widely are used in world's museums common practices. Today the permanent collection includes thousands of new exhibits found and purchased in the last 7-8 years. Some are presented in printed form, others by means of projectors and touch screens. There are unique photographs, books. The exhibition consists of 52 main sections and there are more than 90 thousand exhibits there, the largest collection in the world on Armenian Genocide. The Tsitsernakaberd Genocide Memorial, the Museum and the adjoining areas renovation and reconstruction works were funded by Tsitsernakaberd charitable foundation and cost US$ 4,5 million. The chairman of the Board of Trustees is President of RA Serzh Sargsyan.