• Yenokavan Development Foundation

    YDF’s goal is to make Yenokavan a community of values, so that every traditional family would live here.

    Discover YDF

Yenokavan Master Plan

Document that will serve a guarantee for new investors and set the game rules for everyone.

In cooperation with the Ministry of Territorial Administration and Development of the RA, the Urban Planning Committee and the European Delegation to Armenia’s technical support team we have started the project of creation of Yenokavan Master Plan.

Yenokavan Development Sectors

Tourism development Yenoqavan

Tourism Development

Tourism has become the main direction for the community’s economic growth leading to adjacent areas development. Many inhabitants are indirectly involved in tourism sector working in local businesses … read more

Agriculture development Yenokavan


The population is mainly engaged in farming and cattle breeding. The agricultural sector development can enlarge the supply chain including not only local businesses but also other communities.

SME development In Yenokavan

SME Development

Yenokavan community has high potential of small business development. Carpetmaking, wood processing, handicraft, wood processing and much more directions are on the way of development.

Key figures

7.8 mln USD invested

7.8 mln USD was invested in the community’s tourism assets and infrastructure from 2008‐2017.

250.000 visits

YDF strategy aims at attracting about 250.000 visitors to community annually by 2025.

55.000 tourists

By the end of 2017, about 55 000 community visitors are expected to visit. In 2016, Yenokavan recieved about 40.000 visitors.

93 direct jobs

Thanks to investments in tourism assets and new diversified offer creation, about 93 direct jobs were created in the tourism sector.

20% annual growth

Stable growth of visitors flow in the community is observed since 2006 (20% average).

1 000 000 000 🙂

An indefinite number of smiles interchanged between people visitng Yenokavan thanks to the magical atmosphere of the community

Investment Projects

As one of the world’s largest industries, tourism has become a significant source of Yenokavan community employment and economic output leading to adjacent industries development. The Foundation, in cooperation with different partners, is elaborating and implementing various projects that cover the overall Yenokavan Development Strategy. Projects include but are not limited to tourism, agriculture, infrastructure improvement, education and culture etc.

Sponsorship Opportunities

Haybuis festival in Yenokavan Tavush

Haybuis Festival

The purpose of “Haybuis” is to teach rational use of grasses of the highlands in everyday life and to maintain a healthy lifestyle, develop ecological thinking. It forms the ability and desire to actively protect the nature of the native land … learn more

Yell Extreme Park Birthday

The first extreme park in the region and one of top places to visit in Armenia, Yell Extreme Park is celebrating its birthday in August 2018. Last year’s birthday party received over 2000 guests who shared that day’s crazy flow of positive emotions and adrenaline … learn more

House of Culture – Studio

The House of Culture in Yenokavan is aimed at creating all necessary conditions for cultural and creative development of inhabitants from schoolchildren and youth to aged peoplelearn more

YDF Friends

acba leasing logo