Armenian President Serzh Sargsyan attended the construction site of a new housing estate for young lecturers of Yerevan State University (YSU).
In a conversation with the future residents, President Sargsyan said that a special fund will be created soon to allow young families buy cars on credit.
As YSU rector Aram Simonyan said, 185 people will be provided with dwelling.
The project, which offer young YSU employees to buy apartments at a reduced price, was launched in 2007. Multifunctional building will have 9 storeys and a garage for 214 cars.
