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Armenia's Government To Provide "Radioisotope Production Center" Wit

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  • Armenia's Government To Provide "Radioisotope Production Center" Wit

    ARMENIA'S GOVERNMENT TO PROVIDE "RADIOISOTOPE PRODUCTION CENTER" WITH BUDGETARY CREDIT

    19:45, 4 February, 2014

    YEREVAN, FEBRUARY 4, ARMENPRESS: The Government of the Republic
    of Armenia in the first quarter of 2014 will provide "Radioisotope
    Production Center" Closed Joint-Stock Company with 792 million 386
    thousand AMD budgetary credit from state budget 2014. "Armenpress"
    reports that this issue is included in the agenda of the Government
    session to be held on February 6.

    The company is expected to carry out work activities with the provided
    credit related to the internal and external engineering systems of the
    building of Radioisotope Production Center, interiorwork activities
    and technical control of the mentioned activities. The repayment
    period of the credit is 15 years from the means ofdeposit accounts
    of stabilization with annual interest rate of Libor +4 percent. The
    land belonging to "Radioisotope Production Center" Closed Joint-Stock
    Company is envisaged for pledge along with the real estate to be
    constructed in future as well as "Cyclone 18 / 18" cyclotron to be
    obtained from the Belgian "IBA Molecular" organization after the
    investment of statutory capital and by the conditions of the program
    stated according to that decision. The payment of the principal amount
    and accounted interests of the credit will be carried out on June 10
    and December 10 each year since 2019.

    http://armenpress.am/eng/news/748831/armenia%E2%80%99s-government-to-provide-%E2%80%9Cradioisotope-production-center%E2%80%9D-with-budgetary-credit.html

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