Monday, March 26 2018 14:05
Alina Hovhannisyan

Chinese investors intend to launch production of mineral water in Armenia

Chinese investors intend to launch production of mineral water in  Armenia

ArmInfo. The Chinese intend to  invest in the production of mineral waters in Armenia.  Representatives of the Chinese company New Idea announced during a  meeting with the Minister of Economic Development and Investments of  Armenia Suren Karayan.  As the press service of the ministry reports,  investors stressed that Armenian mineral waters are of high quality,  which inspires confidence in the successful outcome. According to  investors, the program will have a social focus and support the  development of adjacent communities.

S. Karayan noted that the team of the Ministry is ready to assist  throughout the process and discuss the possibilities of granting  benefits in the framework of the program.

According to the National Statistical Service of Armenia, the trade  turnover between Armenia and China in 2017 increased by 33.3% to $  604.5 million. The export amounted to $ 123.7 million with an  increase of 28.4% per annum, with import growth of 34.6% to $ 480.7  million.