$70 million metallurgical plant under construction in Armenia June 5, 2023 - 13:27 AMT PanARMENIAN.Net - A major Armenian-American metallurgical plant with $70 million investment is under construction in the town of Yeraskh, Minister of Economy Vahan Kerobyan said on social media on Saturday, June3. “The plant is a 30-meter high structure with an area of 16,500 square meters, where the annual output will be 180,000 tons,” Kerobyan said. “200 workers are already employed [in the plant], and once it is launch the number of workers will be 1000,” he added.   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 U.S. welcomes Armenia, Azerbaijan’s border delimitation announcement  Blinken said it is an important step towards concluding a durable and dignified peace agreement.Residents Of border villages protest as Armenia, Azerbaijan agree on delimitation Residents of several Armenian communities in the northeastern Tavush province began protests late on Friday.European Parliament to discuss repression in Azerbaijan The European Parliament will discuss repression of civil society in Azerbaijan on April 24PACE wants concessions from Azerbaijan to accept Baku back A PACE co-rapporteur said that Azerbaijani authorities must make certain concessions so that the country can return to PACE. |
