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Investment Program Of $ 500 Million In Armenia

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  • Investment Program Of $ 500 Million In Armenia

    INVESTMENT PROGRAM OF $ 500 MILLION IN ARMENIA
    By Ara Martirosyan

    AZG DAILY #33
    25-02-2011

    Prime Minister Tigran Sargsyan yesterday received "Fortune Oil"
    company's delegation led by the company's Executive Vice-Chairman
    Daniel Chiu, RA Government's press service reported.

    The Prime Minister said the government attaches importance to the
    investments in the sphere of mining industry.

    According to the company's representatives, in the Republic of
    Armenia the investments will be implemented in two stages - about $
    500 million worth.

    New jobs will be created, modern technologies will be introduced,
    strengthening of human resources and communities will be carried out,
    by meeting of environmental best standards.




    From: A. Papazian
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