Announcement

Collapse
No announcement yet.

Most Mine Exploiters In Armenia Aren't Making Their Promised Investm

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Most Mine Exploiters In Armenia Aren't Making Their Promised Investm

    MOST MINE EXPLOITERS IN ARMENIA AREN'T MAKING THEIR PROMISED INVESTMENTS

    17:21, 18 March, 2015

    YEREVAN, 18 MARCH, ARMENPRESS. Out of the 55 mining companies
    in Armenia, 30 aren't performing their duties referred to in
    their contracts and aren't making adequate investments. The issue
    has become so serious that Minister of Energy and Natural Resources
    Yervand Zakharyan called the representatives of all the companies to
    a meeting and tried to find out the reason for such behavior. During
    the meeting held in the presence of presses, the minister declared
    that based on estimates, there will only be AMD 24 billion worth of
    investments, but only four companies have submitted reports on the
    activities that they have carried out.

    "This has an impact not only on the field and the economy, but also
    the development of the Republic of Armenia. Many promises are made,
    but evasion of duties referred to in the contracts is troubling,"
    the minister said, emphasizing the fact that he views this approach
    as inadmissible and that the situation needs to be fixed rapidly.

    http://armenpress.am/eng/news/798202/most-mine-exploiters-in-armenia-aren%E2%80%99t-making-their-promised-investments.html

Working...
X