Investment Opportunity in Armenia

BISNIS: Construction Industry Update
October 3, 2005

In today's message you will find:

-- BISNIS Search for Partners (1)
-- INTERFAX NEWS DIGEST

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BISNIS Search for Partner Lead (1):

1. Company: Mehrabyan Medical Institute

Description: Private educational establishment Mehrabyan Medical
Institute seeks a U.S. investor for a hotel construction project. The
project envisions the construction of an international standard, elite
youth-student hotel. The hotel will be a six-story building plus
basement, with a parking lot situated in front of the hotel and a
playing ground for volleyball, basketball and other sports behind it. A
recreation complex (a large pool, sauna, training hall, a body massage
room, jacuzzi and a bar) and an entertainment complex (disco and bar
karaoke) are situated in the basement. A two-story restaurant for 150
persons, administration, travel agency and conference hall are to be
situated on the ground floor. The Mehrabyan Medical Institute plans to
provide co-financing and management of the facilities once the hotel is
commissioned.

Web site: www.armmed.am

Location: Yerevan, Armenia

Lead Link: http://www.bisnis.doc.gov/bisnis/lead.cfm?1469

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INTERFAX NEWS DIGEST

NOKIAN TYRES TO PUMP EUR 21.5 MLN INTO RUSSIAN FACTORY EXPANSION

ST. PETERSBURG. Sept 23 (Interfax) - Nokian Tyres signed a contract
worth 21.5 million euros with Finland's YIT Construction Ltd to expand
its new tyre factory in Vsevolozhsk, Leningrad region, Nokian said in a
press release.

The contract covers the construction, by the end of July 2006, of two
factory premises measuring 20,255 square km and a 16,600-sq m warehouse,
the release said.

Nokian Tyres opened the EUR52-million tyre plant in Vsevolozhsk on
September 22.

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BISNIS Programs available to you FREE OF CHARGE:
BISNIS ExpoLink Eurasia http://www.bisnis.doc.gov/expolink/
BISNIS Trades & Tenders http://www.bisnis.doc.gov/bisnis/tradeleads1.cfm
BISNIS Search for Partners
http://www.bisnis.doc.gov/bisnis/searchfpartnew.c fm
BISNIS FinanceLink http://www.bisnis.doc.gov/bisnis/finlin3.cfm

For industry-specific information, please go to Construction Industry
page at http://www.bisnis.doc.gov/bisnis/isa/isa-constr.cfm

+++++++++++++++++ Provided by: ++++++++++++++++
Irina C. Mitchell, BISNIS Trade Specialist for Construction Industry
U.S. Department of Commerce
Tel: 202/482-3729
Fax: 202/482-2293
e-mail: [email protected]
www.bisnis.doc.gov