ArmInfo. Hayk Aloyan, Executive Director of Lydian Armenia, which operates Amulsar gold deposit, joined the Board of Directors of the American Chamber of Commerce of Armenia (AmCham). The company reports.
"The role of the Chamber should not be underestimated in the development of the Armenian-American economic relations. From the point of view of formation of effective cooperation and cohesion of American business in Armenia, this organization has implemented a significant amount of work aimed at ensuring investor confidence and creating an enabling environment for business. Lydian, being a major American and British investor in Armenia, highly appreciates its representation in the family of the Chamber and is further ready to contribute to the development of this platform and to strengthen cooperation with other members of the organization," he said.
According to the source, in 2018, AmCham will continue its activities to protect intellectual property rights, implementation of the best international experience in Armenia, and work in the field of corporate social responsibility within the framework of the Chamber's "Responsible Business" project. The Chamber will launch the process of creating an arbitration court. And one of the key goals in 2018 will be to expand cooperation with European and regional American chambers of commerce.
Last week annual general meeting of AmCham, the participants gave a positive assessment to the work done over the past year. The general director of Contour Global Hydro Cascade Ara Hovsepyan was reelected as chairman of the chamber.
Lydian Armenia is a subsidiary of the British Lydian International, whose shareholders are also large international institutional investors from the United States, Great Britain and a number of European countries, including IFC and EBRD. The Amulsar project is the largest industrial project in Armenia today to develop the Amulsar gold deposit with a total value of $ 370 million.