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ARTOC Group Interested In Investing In Armenia

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  • ARTOC Group Interested In Investing In Armenia

    ARTOC GROUP INTERESTED IN INVESTING IN ARMENIA

    ARKA
    March 3, 2010

    YEREVAN, March 3, /ARKA/. International company ARTOC Group is
    interested in investing in Armenia, its president Shafik Gabr, told
    Tuesday in Yerevan during a meeting with Armenian economy minister
    Nerses Yeritsian.

    The ministry's press office said it was the first visit of Mr. Gabr
    to Armenia. He was quoted as saying that his company wants to choose
    a concrete direction or directions of cooperation with Armenia after
    conducting a study of available potential.

    Nerses Yeritsian briefed him on Armenia's long-term and short-term
    investment and infrastructure projects.

    ARTOC group delegation arrived in Armenia March 1 on a three-day
    familiarizing visit. They are expected to meet with Armenian president,
    speaker of parliament, prime minister and territorial minister.

    ARTOC group is an international holding involved in engineering
    and consultancy, construction, electrical contracting, real estate
    development, publishing, aircraft leasing, art advisory service. Its
    head office is in Cairo, Egypt.
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