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President: 3 Major Economic Projects To Be Launched In Armenia In Ne

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  • President: 3 Major Economic Projects To Be Launched In Armenia In Ne

    PRESIDENT: 3 MAJOR ECONOMIC PROJECTS TO BE LAUNCHED IN ARMENIA IN NEAR FUTURE

    ARKA
    Oct 3, 2008

    YEREVAN, October 3. /ARKA/. Armenian President Serzh Sargsyan voiced
    three major economic projects to be implemented in the country in
    the near future.

    The first is building a new nuclear power plant, second - construction
    of Iran-Armenia railroad and third, creation of All-Armenian Bank
    and Investment Fund to finance large-scale programs, Sargsyan said
    in his address to the nation at a special parliament session.

    Armenian authorities will focus on these three projects in the next
    year, the President said. "You are asking - can we? My answer is -
    we can. We can do it easily if we act in concert," he said.

    According to the President, it is now time for large and bold economic
    projects in Armenia. "Such programs not only solve important strategic
    tasks, but also have major impact on economy and the society. They
    create thousands of new jobs, lead to creation of various enterprises,
    open up new markets and become an impetus to development of integral
    fields, including science," the President said.

    According to him, construction of Iran-Armenia gas pipeline proves that
    even boldest goals can be achieved through consistency, self-confidence
    and hard work.
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