$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 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. 938 Russian citizens have registered in Armenia as private entrepreneurs between February 24 and March 22   Partner news |  Latest news Moscow says will discuss extension of Russian peacekeeping mission with Baku  Moscow will discuss with Baku the possibility of extending the mission of Russian peacekeepers, Dmitry Peskov said.Henrikh Mkhitaryan calls for Ruben Vardanyan’s release Armenian midfielder Henrikh Mkhitaryan has joined calls for the release of Ruben Vardanyan.Karabakh crisis: Canada to provide $2.5M in aid Canada will provide $2.5 million to help meet the humanitarian needs of the forcibly displaced people.U.S. says “quite serious” about Karabakh international mission The United States is “quite serious” about the international mission in Nagorno-Karabakh. |
