ArmInfo. Prime Minister of Armenia Nikol Pashinyan instructed to find new investors for mines that are currently not being developed. He announced this on September 8 during a meeting with representatives of the Armenian community of Vladivostok.
"There are mines in Armenia that were once opened, developed for a while and then remained idle. I have now instructed to find new investors and with their support to develop as many open and undeveloped mines as possible," the Prime Minister said.
Pashinyan stressed that the largest enterprise in Armenia is the Zangezur Copper and Molybdenum Combine, which was alienated about 20 years ago, before that it was completely state-owned. "Now our government has taken measures and as of today, the Republic of Armenia owns 21% of this plant. At the same time, I think that 20-25 percent is enough, because the private sector will develop it more effectively", he said. As the prime minister noted, the government has very good partners with whom it is working to make the plant more efficient.
