Recently Government approved the concept represented by the Ministry of Economy on the establishment of international highland sports center on Lake Sevan shore, near the village Tsovagyuh, which, by the ministry's assumption, will be a unique in the world, and will be equipped with ultramodern sports equipment. The complex is going to occupy 3 km long shore area and will consist of both indoor and outdoor sports facilities, including water sports. It is planned to build a golf course with 18 holes, 4 tennis courts, covered football field, basketball and volleyball courts, a swimming pool ... In general, the list includes almost all summer sports, including even such as Geocaching (a treasure hunting game where you use a GPS navigation). The feature of the complex will be its total power supply by solar energy. In the concept was noted an agreement with German 'Ersam & Gottwald GbR' company on writing a preliminary business plan, which has requested 32.75 million drams($91000) for this, of which 19.2 million drams ($53300) will be paid immediately, regardless of the fate of the project, and the residue, 13.47 million drams($37400), will be paid only after finding an investor for the next stage of the project. The project will be implemented by the National Competitiveness Fund, which recently successfully completed Tatev monastery restoration project, including the longest Ropeway in the World. Maybe we can find investments for this ambitious project, but however, it will be very hard to achieve the status of the unique international high-end sports center.