Armenia
Due to the lack of success lately on the international level, in recent years, Armenia has rebuilt 16 Soviet-era sports schools and furnished them with new equipment for a total cost of $1.9 million. The rebuilding of the regional schools was financed by the Armenian government. $9.3 million has been invested in the resort town of Tsaghkadzor to improve the winter sports infrastructure because of dismal performances at recent winter sports events. In 2005, a cycling center was opened in Yerevan with the aim of helping produce world class Armenian cyclists. The government has also promised a cash reward of $700,000 to Armenians who win a gold medal at the Olympics.
Who provided the funds to rebuild the Armenian sports schools?
the Armenian government
The rebuilding of the regional schools was financed by the Armenian government.
Armenia