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Private Investors To Invest 12 Mln EUR In Creation Of An Oncology Cl

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  • Private Investors To Invest 12 Mln EUR In Creation Of An Oncology Cl

    PRIVATE INVESTORS TO INVEST 12 MLN EUR IN CREATION OF AN ONCOLOGY CLINIC IN ARMENIA FOR TREATMENT BY MEANS OF RADIOISOTOPES

    ArmInfo
    2009-08-03 10:11:00

    ArmInfo. Private investors will invest 12 mln EUR in creation of an
    oncology clinic in Armenia for treatment by means of radioisotopes,
    Chairman of the Armenian National Competitiveness Fund Bekor Papazyan
    told journalists, Saturday. According to him, the clinic may start
    functioning in 2009. Among the investors there is a group of Frenchmen
    of Armenian origin.

    To recall, the Armenian government concluded an agreement with the
    Belgian government on receiving a loan supposedly worth 17 mln EUR on
    preferential terms. It is envisaged to spend the funds on cyclotron of
    the Belgian company IBA, which will be set up at the Yerevan Physics
    Institute after Alikhanyan. The radioisotopes produced by the device
    will be purchased and used by the clinic. The project is estimated
    at 30 mln EUR.
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