MINISTER KHACHATRYAN AND CHINESE INVESTORS DISCUSSED ELEVATOR PRODUCTION AND TRANSPORT NETWORK PROJECTS
24 January, 2019

RA Minister of Economic Development and Investments Tigran Khachatryan held a meeting with Chinese investors.

The Minister welcomed the guests and stated that the investors will receive full support from the Ministry in those processes where the state assistance is needed.

Li Xiangmin, the head of the Chinese company "Xinjiang Zheng Yi Agriculture Science and Technology CO", presented to the Minister the investment project on establishing an elevator assembly production in Kotayk region.. The project envisages annual production of more than 2,000 elevators, and most of the production process will be organized in Armenia. The representatives of the company addressed their issues of concern to the Minister.

At the end of the meeting Minister Tigran Khachatryan expressed readiness to assist investors and discuss their concerns and also added: "We hope that the outcomes of the launching programs will be so encouraging for you that you will think over launching new, larger projects in Armenia."