Wednesday, November 12 2025 15:52
Alina Hovhannisyan

EDB to provide ZCMC with $10 million loan to digitize internal  business processes

EDB to provide ZCMC with $10 million loan to digitize internal  business processes

ArmInfo.  The Eurasian Development Bank (EDB) will provide ZCMC with a $10 million loan to digitize its internal business processes, as stated by Tigran  Sargsyan, Deputy Chairman of the Eurasian Development Bank (EDB),  Curator of the EDB Digital Initiatives Fund, and former Prime  Minister of Armenia, during a video conference titled "EAEU Digital  Projects" on November 12.

He informed that the loan had been approved by the EDB Board of  Directors. "We will provide the plant with a $10 million loan, which  will help  improve the efficiency of this production facility,"  Sargsyan emphasized.