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YEREVAN, Armenia, Oct. 17, 2024 /PRNewswire/ -- Leading diversified project management firm, Colliers Project Leaders, Middle East, has won the mandate to deliver end-to-end project management solutions for Armenia's new World Trade Center in Yerevan, valued at USD ~250 million. A public-private partnership between the Armenian government and Renshin Ltd., the project is designed to be a state-of-the-art mixed-use development that will be home to commercial spaces, offices, retail outlets, hotels and exhibition halls. Well known for its expertise in the real estate industry and project management, Colliers has a proven track record of delivering large-scale, marquee projects including the World Trade Center in Bengaluru, India.
Colliers Project Leaders has a growing presence in the Middle East and has earned widespread recognition for its delivery of superior projects over the years, across segments like infrastructure, residential, education, healthcare and office. Known for its visionary leadership and the adoption of advanced tools and technologies, the firm has been redefining project management in the Middle East.
"We have always placed a strong emphasis on consistently growing our capabilities to keep up with the needs of the market. Whether it is the adaption of global best practices or the development of pioneering technologies, our end goal has always been to deliver superior outcomes. A project of this scale requires industry-leading strategic and technical expertise, which is our proven capability. We are grateful to Renshin Limited and the Government of Armenia for entrusting us with this marquee assignment and look forward to collaborating with our internal and external stakeholders in Middle East, India and Georgia to bring it to life," says Sankey Prasad, Chairman & Managing Director, Middle East & India, Colliers.
"The World Trade Center Yerevan project is a mixed-use, net-zero, landmark real estate development promising to become the new face of Yerevan. To deliver upon this promise, we are engaging the top talent, top expertise, and top global firms. After a rigorous and tough tendering process, we are glad to announce that Colliers Project Leaders were selected to become our trusted partners. We are especially happy and proud that our project has triggered Colliers International Group Inc. – Nasdaq & Toronto listed, Canada-based global professional services and investment management company, specializing in real estate, to enter Armenia and set up a permanent presence. This move is fully aligned with WTCY mission to promote international business relationships and expand Armenia's participation in the world trade and investment. Looking forward to work with our esteemed Colliers colleagues in this unique endeavour," says Artashes Tonoyan, CEO & Executive Committee Chair, World Trade Center Yerevan.
Media Contact:
Sukanya Dasgupta
National Director, Marketing & Communications| India
Sukanya.dasgupta@colliers.com
+91-9811867682
YEREVAN, Armenia, Oct. 17, 2024 /PRNewswire/ -- Leading diversified project management firm, Colliers Project Leaders, Middle East, has won the mandate to deliver end-to-end project management solutions for Armenia's new World Trade Center in Yerevan, valued at USD ~250 million. A public-private partnership between the Armenian government and Renshin Ltd., the project is designed to be a state-of-the-art mixed-use development that will be home to commercial spaces, offices, retail outlets, hotels and exhibition halls. Well known for its expertise in the real estate industry and project management, Colliers has a proven track record of delivering large-scale, marquee projects including the World Trade Center in Bengaluru, India.
Colliers Project Leaders has a growing presence in the Middle East and has earned widespread recognition for its delivery of superior projects over the years, across segments like infrastructure, residential, education, healthcare and office. Known for its visionary leadership and the adoption of advanced tools and technologies, the firm has been redefining project management in the Middle East.
"We have always placed a strong emphasis on consistently growing our capabilities to keep up with the needs of the market. Whether it is the adaption of global best practices or the development of pioneering technologies, our end goal has always been to deliver superior outcomes. A project of this scale requires industry-leading strategic and technical expertise, which is our proven capability. We are grateful to Renshin Limited and the Government of Armenia for entrusting us with this marquee assignment and look forward to collaborating with our internal and external stakeholders in Middle East, India and Georgia to bring it to life," says Sankey Prasad, Chairman & Managing Director, Middle East & India, Colliers.
"The World Trade Center Yerevan project is a mixed-use, net-zero, landmark real estate development promising to become the new face of Yerevan. To deliver upon this promise, we are engaging the top talent, top expertise, and top global firms. After a rigorous and tough tendering process, we are glad to announce that Colliers Project Leaders were selected to become our trusted partners. We are especially happy and proud that our project has triggered Colliers International Group Inc. – Nasdaq & Toronto listed, Canada-based global professional services and investment management company, specializing in real estate, to enter Armenia and set up a permanent presence. This move is fully aligned with WTCY mission to promote international business relationships and expand Armenia's participation in the world trade and investment. Looking forward to work with our esteemed Colliers colleagues in this unique endeavour," says Artashes Tonoyan, CEO & Executive Committee Chair, World Trade Center Yerevan.
Media Contact:
Sukanya Dasgupta
National Director, Marketing & Communications| India
Sukanya.dasgupta@colliers.com
+91-9811867682
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Colliers Project Leaders, Middle East secures $250-million World Trade Center, Yerevan project
WUHU, China, April 26, 2026 /PRNewswire/ -- In April 2026, during the 2026 International Business Summit, CHERY completed a public three-vehicle composite crash validation of the TIGGO9 at the Chery Crash Safety Laboratory, witnessed on site by global dealers, international media and overseas user representatives. Designed around real-world high-risk traffic scenarios, the test used a composite crash setup to assess the safety performance of CHERY's flagship SUV and further demonstrate the brand's safety philosophy: Safety. For Family.
The test simulated a severe front-and-rear impact scenario. The TIGGO9, as the core test vehicle, sustained a 50 km/h frontal impact from a TIGGO7 while being simultaneously rear-ended by another vehicle at 40 km/h, placing its body structure, restraint systems and post-collision emergency response under comprehensive evaluation. After the crash, the passenger compartment remained intact, with no obvious deformation to the pillars and sufficient survival space preserved. The airbags and side curtain airbags deployed properly, the seat belt systems functioned effectively, the doors unlocked automatically and could be opened normally, the fuel system showed no leakage, and the hazard warning lights operated as intended.
This performance is supported by the TIGGO9's systematic safety design, including a high-rigidity body structure with 85% high-strength steel and 21% hot-stamped steel, an optimized load-transfer path, and a 10-airbag system. With multiple global five-star safety certifications already earned, CHERY continues to strengthen its safety credentials through real-world validation. Looking ahead, CHERY will continue to raise safety standards and deliver reliable protection for families around the world.
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Safety. For Family: TIGGO9 Completes Public Three-Vehicle Composite Crash Verification During the 2026 International Business Summit
