The emergency building of Alaverdi Basic School 2 named after Hovanes Tumanyan has been dismantled and a completely new, earthquake-resistant, comfortable, modern school is being built in its place.

The project is implemented through the Armenian Territorial Development Fund (ARDF) within the framework of the Program for Improving the Seismic Safety of Schools. Investments are made by the Government of the Republic of Armenia and the Asian Development Bank.

It is planned to invest about 1 billion 496 million drams.