  Armen Mkoyan: construction industry will see 5-10% growth by yearendJuly 1, 2009 - 19:23 AMT PanARMENIAN.Net - Construction industry will see a 5-10% growth by yearend, according to Elite Group building company president."The industry will recover within two years but we expect some progress. We have sealed a number of projects this month," Armen Mkoyan told reporters in Yerevan. Presently, Elite Group is implementing 7 projects. "Neither of Elite Group projects was stopped because of the crisis. We also negotiate a new project with the International Finance Corporation," Mr. Mkoyan said.   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 |  Related sections Latest news Viva sees growing demand for cloud services  In recent years, medical institutions are starting to make use of Viva’s cloud servicesTurkey replacing term "Central Asia" with "Turkestan" in textbooks The Turkish Ministry of Education is replacing the term "Central Asia" with "Turkestan" in textbooks.Armenian, German presidents meet in Berlin Armenian and German Presidents Vahagn Khachaturyan and Frank-Walter Steinmeier met in Berlin.Armenia assumes presidency of Mediterranean Network of Regulatory Authorities The Commission on Television and Radio of Armenia said it expects productive cooperation in various formats. |
