The Urban Development Committee of Armenia plans to launch a digital platform in the near future through which the designated use of land plots can be changed. This was announced by the head of the agency, Yeghiazar Vardanyan, during a meeting with Gohar Abajyan, Executive Director of the “Investment Support Center” Foundation. According to him, digitalization and simplification of urban development procedures remain among the committee’s priorities.

A simplified procedure for changing the targeted and functional designation of plots recognized as being of prevailing public interest is already in effect in Armenia. Now the authorities are considering the possibility of extending this approach to investment projects. According to Abajyan, the digital platform will help make administrative procedures more transparent and predictable for business, as well as streamline the preparation of new projects.

An additional direction will be the digitalization of settlement master plans and urban zoning documentation. As a result, investors and citizens will be able to obtain information on permitted development opportunities and existing restrictions for specific plots. Following the meeting, the parties agreed to continue working together to improve procedures and address issues that arise during the implementation of investment projects.