  10-15% growth expected in construction industry in 2010 June 14, 2010 - 13:21 AMT PanARMENIAN.Net - A 10-15% growth will be fixed in construction industry in 2010 as compared with 2009, Armenian Minister of Urban Development said. “Despite the crisis, the construction industry tends to revive this year,” Vardan Vardanyan said. He also informed that the Ministry negotiates new agreements with private investors. “A $10-million agreement will be concluded on implementation of a construction project in Yerevan,” Vardanyan said. “There are projects which can’t be accomplished due to financial problems. But if an enterprise submits a package of essential documents, the government can consider the application and render relevant assistance,” he concluded.   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. |
