Armenia, Ekotekhprom agree on $285-340 mln investment programNovember 30, 2018 - 14:22 AMT PanARMENIAN.Net - Acting Armenian Prime Minister, leader of Im Kayl (My Step) alliance Nikol Pashinyan told supporters that the government signed a memorandum on a $285-340 million investment program with Ekotekhprom on Friday, November 30. Pashinyan said a 100 hectare industrial complex with 1,100-1200 jobs will be created by the Russian company for the production of baking soda, technical salt and glass. According to the acting PM, the complex will be launched in 2020. Pashinyan added that other investment projects are in the works too, having earlier revealed that discussions on programs with $600 million are currently ongoing. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Biden honors resilience of Armenian people on April 24 U.S. President Joe Biden has issued a statement on the 109th anniversary of the Armenian Genocide. Ex-Karabakh leader moved to solitary confinement cell in Baku, his son says David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan. Macron says France commemorates 109th anniv. of Armenian genocide Today France commemorates the 109th anniversary of the Armenian genocide of 1915, Macron says. Freedom House concerned by mounting reports of police violence in Armenia Freedom House urged Armenian authorities to investigate this pattern of excessive force and inhumane treatment. |