Pashinyan teases new factories, $500 mln investments in Armenia![]() November 21, 2018 - 14:02 AMT PanARMENIAN.Net - Acting Prime Minister Nikol Pashinyan Nikol Pashinyan has said during a working visit to Aragatsotn province that $500 million investments will be made in Armenia. According to him, several factories will be built in “a 180 degree turn" in the country’s economy.” The process may start as early as spring 2019, the acting PM said. Pashinyan had earlier revealed that production of home appliances will be launched in Armenia. ![]() ![]() Armenia hopes to reach an economic growth rate of 7-9% over the period of 2020-22, PM Nikol Pashinyan said. The meeting specifically focused on the possibility of investing and implementing new projects in the future. The export of fruit wines from Armenia grew by 41% in the first seven months of 2019 against the same period last year. Sellers said: “It has been a tough year for many thousands of direct and indirect stakeholders in the Amulsar Project." ![]() ![]() Partner news | ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |