Date of Armenian-Russian investment fund establishment already known

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24.03.2017, 12:02

The Armenian-Russian investment fund will be established on March 25, Hraparak reported on Friday.

Date of Armenian-Russian investment fund establishment already known

YEREVAN, March 24. /ARKA/. The Armenian-Russian investment fund will be established on March 25, Hraparak reported on Friday.

According to the newspaper, Samvel Karapetyan, the head of Tashir Group, arrives in Yerevan on Friday and an appropriate statement is expected top be made on Saturday.

The decision to establish an investment fund was made earlier this year, when Karen Karapetyan, Armenian prime minister, traveled to Moscow.

The newspaper’s sources say that financial resources will be invested first of all in equal development of provinces, though it has been discussed earlier that the bulk of the money will be invested in Lori province, Samvel Karapetyan’s homeland.

It is now know yet how much will be invested, but the amount is expected to be revealed to public on the day of the fund establishment. --0---

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