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Armenian Company Wins Georgian Tender

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  • Armenian Company Wins Georgian Tender

    ARMENIAN COMPANY WINS GEORGIAN TENDER

    ARMENPRESS
    Jan 23, 2008

    TBILISI, JANUARY 23, ARMENPRESS: An Armenian company has won an
    international tender announced by the government of Georgia for
    building a natural gas pipeline in the country's southern province
    of Samtskhe-Javakheti that has a predominantly Armenian population.

    The winning company is called Sataha. Under the contract it will
    build pipelines to connect the towns of Akhalkalaki and Ninotsminda
    and villages of these two regions to the gas network.

    The Armenian company offered the best price of $11 million to do the
    job and expects the returns in ten years.

    The tender was announced by Georgia's energy ministry in 2007. Besides
    the Armenian company two Georgia-based companies fought for the
    contract. The energy ministry and the Armenian company are negotiating
    now a relevant memorandum.
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