General Electric to invest $900m in Turkey within 3 years June 12, 2012 - 14:07 AMT PanARMENIAN.Net - General Electric Corporation (GE) will make investments worth $900 million in Turkey over the next three years aimed toward infrastructure development and innovation, Turkish Economy Minister Zafer Çağlayan said. GE will also produce its wind turbines in Turkey during this three year window, Çağlayan said after a meeting with GE Vice President John Rice in Istanbul. “This is the first time that GE has announced a net figure for their investments. Where the investment [will go] and what type they will be will become clear within the next few months,” he said, Hurriyet Daily News reported.   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 |  Latest news The Power of One Dram to benefit Road of Life charity  The companies inform that the May beneficiary of The Power of One Dram is the “Road of Life” charitable organization.Ucom General Director gives lecture at French University in Armenia The General Director of Ucom Ralph Yirikian delivered a lecture at the French University of Armenia.Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty.Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. |
