Parohod Residential Complex under construction: a reinforced concrete frame with two tower cranes and concrete pump booms against a blue sky

The Answer to big dreams

Parohod Residential Complex, Yerevan — monolithic frame stage. Team experience.

Who We Are

Built on Experience. Driven by Purpose.

The partnership between SH Holding and BAMX Developments led to the establishment of BAMX Armenia — a Yerevan-based construction company with a vision to expand into development.

Built on more than three decades of combined experience across construction, engineering and development, BAMX Armenia began its journey with the launch of its first project, Nork, in Yerevan on 30 September 2026.

Our Story
The Nork launch in Yerevan: two men in BAMX hard hats shaking hands on the site, and a close-up of a document on BAMX letterhead being signed
Nork launch, Yerevan, 30 September 2026

What We Do

From Concept to Handover

Construction is where we begin, but not where our vision ends. We see every project as part of a larger journey — connecting engineering and execution with the way places are conceived, created and experienced. This perspective shapes what we do today and where we are heading tomorrow.

Construction

Integrated construction delivery, combining engineering, project management and execution through to final handover.

All construction services
The site crew in BAMX uniforms on the Nork site, Yerevan

General Contracting

Taking overall responsibility for project delivery — managing and coordinating every stage of construction through our own capabilities and a network of specialist contractors, regardless of project scale or complexity.

Managers and engineers walking the Nork site past an excavator, Yerevan

Project Management & Engineering

Independent engineering and project management services for projects of varying scale and complexity — from buildings and mixed-use developments to complex infrastructure and multidisciplinary projects.

Guests study the architectural model of Nork at the launch

Design & Build / Turnkey Solution

Every project is different. We seek the right solution for each one — balancing quality, time and cost while responding to the client’s objectives and the expectations of its end users. Through Design & Build and Turnkey delivery, we bring these priorities together within one integrated solution.

Visualisation of the reception lobby at 311 Boulevard, Dubai Visualisation

Interior & Fit-Out Total Solution

From interior concept to a fully finished space, we provide a total solution integrating design, material selection, procurement and execution. Beyond delivery, we create environments around the people who will use them — reflecting their aspirations, evolving lifestyles and contemporary directions in design.

311 Boulevard, Dubai — BAMX Developments

The completed Caucasus Hotel in Yerevan

Sectors & Expertise

Our experience spans a diverse range of sectors — including residential, commercial, hospitality, healthcare, cultural, entertainment, sports and mixed-use projects. Regardless of scale or complexity, the multidisciplinary expertise of our team enables us to turn ambitious project concepts into practical, executable and deliverable solutions.

Caucasus Hotel, Yerevan — team experience

Development

Beyond construction, we look at the complete journey of a project — from opportunity and concept to realization and market.

All development services
Visualisation of Nork, Yerevan Visualisation

Real Estate Development

Identifying opportunities and transforming them into distinctive projects — shaped by our founders’ vision of lifestyle, urban living and the way people experience the places around them.

BAMX flags on the Nork site, Yerevan

Branding, Marketing & Sales

A dedicated branding, marketing and sales platform for BAMX Armenia’s present and future business — shaping identities, connecting projects with their audiences and supporting their journey to market.

Reinforcement steel and timber stored on the Nork site

Commercial & Supply Solutions

Actively seeking better solutions through our regional and international network — bringing together the right design, the right materials and the right execution for every project.

Visualisation of 77 Boulevard, Dubai Visualisation

Integrated Development Solution

Integrating real estate, branding, marketing, sales and commercial solutions with engineering, project management and construction — creating a unified approach for projects of every scale, including large and complex developments.

77 Boulevard, Dubai — BAMX Developments

The Nork site in Yerevan during the launch: an excavator at work while visitors walk the cleared plot
Nork, Yerevan — September 2026

Capabilities & Resources

Built to Deliver

Resources come first — the right people, the right equipment, and the management and execution capability to turn plans into reality.

  1. Equipment & Machinery

    Access to a broad network of construction machinery and equipment — mobilized according to the specific needs and scale of each project.

    • Plant & equipment
    • Warehouses & materials
    • Maintenance
  2. Engineering Resources

    A multidisciplinary network of project managers, engineers and specialists — bringing the knowledge and experience required for projects of different scales and complexities.

    • Project managers
    • Technical office & QA/QC
    • Project control
  3. Site Operations

    Experienced site teams, skilled workforce and specialist trades — organized and managed to turn engineering into effective execution on site.

    • Construction execution
    • Site logistics
    • Security

Discover more about how we manage and mobilize our resources.

View capabilities

Experience / Track Record

Experience Across Landmark Projects

Our partners have delivered landmark projects across different markets — bringing that experience to BAMX Armenia as one of its key resources

Full track record
The completed Parohod towers in Yerevan
Parohod Residential Complex, Yerevan — team experience
  • 10 M SQM

    Total Area Delivered

    BAMX Developments

  • + 30

    Years of Development Experience

    BAMX Developments

  • + 100

    Completed Projects

    BAMX Developments

  • 6

    Countries: UAE, Tajikistan, Austria, Armenia, Oman and Iran

    BAMX Developments

BAMX in Armenia

Local Strength. Global Perspective.

Our journey in Armenia began on 30 September 2026 with the launch of Nork, our first project in Yerevan. From this first step on the ground, we look ahead — building on local strength, international experience and a long-term vision for the future.

Explore Our Work in Armenia

Beyond Construction

Building the Next Chapter

Construction is where our journey begins. Together, as one team, we bring different strengths and expertise into a shared ambition — moving toward integrated development, new opportunities and long-term partnerships.

Discover Our Vision

The Nork site, Yerevan — September 2026

News & Media

Our Latest News

Visualisation of X11 by BAMX Developments: a white mid-rise residential building with rounded balconies Visualisation

Media Coverage

Khaleej Times · Partner Content

BAMX in the Spotlight at IPS 2026 (opens in a new tab)

BAMX Developments showcased its international experience and expanding UAE portfolio at International Property Show 2026 in Dubai, connecting with investors, brokers, and real estate professionals.

BAMX — Featured Video