Wednesday, September 1 2021 22:12

Armenian Minister invites British investors to implement  infrastructure projects in Armenia

Armenian Minister invites British investors to implement  infrastructure projects in Armenia

ArmInfo. Minister of Territorial Administration  and Infrastructures Gnel Sanosyan invited British investors to  implement infrastructure projects in Armenia. The head of the  department said this at a today's meeting with the British Ambassador  to Armenia John Gallagher.

They talked about the fields of road  construction, energy, water infrastructure, and the creation of  energy saving systems.  The British Ambassador, in turn, expressed  readiness to consider new opportunities for cooperation, adding that  the British side is aware of the priorities of the Armenian  government in the field of infrastructure and is interested in  participating in the mentioned programs. He stressed that investments  in the North-South road corridor will be discussed with British  companies. According to the press service of the department, the  ambassador also informed about the possibilities of using the tools  of the UK Export Finance (UKEF).

During the meeting, the parties especially discussed the  possibilities of cooperation in the field of energy, the construction  of the Armenia-Georgia power transmission line, the creation of  generating capacities in the field of renewable energy sources, in  particular the construction of solar power plants, noting the great  unrealized potential for cooperation. They also touched upon the  possibility of the participation of the British in the programs for  the modernization of the ANPP, noting that British companies have  enough experience and opportunities for this. Other issues of mutual  interest were also raised.