Friday, May 27 2022 23:08

China Machinery Engineering Corporation interested in Armenia`s  market 

China Machinery Engineering Corporation interested in Armenia`s  market 

ArmInfo.Hayk Badalyan, General Director of the  Sustainable Development Investment Fund (SDIF), and Zhang Shuai,  General Director of the Abu Dhabi Branch of the China Machinery  Engineering Corporation, met with Vache Terteryan, Deputy Minister of  Territorial Administration and Infrastructure of the Republic of  Armenia.

Welcoming the guests, Vache Terteryan presented the directions of  priority importance in several areas

The Deputy Minister spoke about waste recycling, reservoir  construction, road construction, energy and transport infrastructure  development.

Zhang Shuai considered it important to study the programs in these  areas in detail, as the Chinese company wants to present itself in  Armenia not with branches, but on a larger scale, which in turn will  lead to new and large investments.

Hayk Badalyan, General Director of the Sustainable Development  Investment Fund, expressed his readiness to provide his support in  the spheres of interest in accordance with the established procedure.

At the end of the meeting, an agreement was reached to have specific  sectoral meetings, in particular with with responsible  representatives of the construction of reservoirs and energy.