Armenian MFA building is not sold – State Property Management Department.

Armenia’s Foreign Affairs Ministry building is not sold, State Property Management Department Press Secretary Margarita Sargsyan informed, and thereby she refuted the media news that the MFA building was sold.

The press had specifically noted that the building was purchased, for US$ 400 million, by a foreign company engaged in hotel business.

As per Margarita Sargsyan, such business deal cannot be conducted without proper public notification, and, also, there is a special procedure for such dealings.

The Government of Armenia had adopted a decision whereby a new building will be constructed for the Foreign Affairs, Regional Governance, and Energy ministries at the site of the former building and boiler of the Justice Ministry.