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RA Prime Minister Tigran Sargsyan Attended The Securities-Placement

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  • RA Prime Minister Tigran Sargsyan Attended The Securities-Placement

    RA PRIME MINISTER TIGRAN SARGSYAN ATTENDED THE SECURITIES-PLACEMENT CEREMONY FOR ARTSAKH HPP OJSC HELD AT MARRIOTT-ARMENIA HOTEL COMPLEX

    http://www.gov.am/en/news/item/4521/
    Frid ay, 20 March 2009

    RA Prime Minister Tigran Sargsyan attended the securities-placement
    ceremony for Artsakh HPP OJSC held at Marriott-Armenia hotel
    complex. The event was attended by NKR Prime Minister Ara Haroutunyan.

    The placement of corporate securities is carried out by Armenbrok OJSC.

    Artsakh HPP OJSC intends to direct the funds so mobilized towards
    the construction of new HPPs in the NKR.

    RA Prime Minister Tigran Sargsyan said in his speech that the
    event had a special meaning not only because it was taking place
    amidst the global financial and economic crisis, but also because it
    could give rise to a new tide of activity in the financial market by
    fostering economic recovery. The Prime Minister also spoke about the
    attractiveness of the project for investors and its aptitude to promote
    infrastructure development with the latter supposed to generate several
    new jobs and build economic capacity in the Nagorno Karabakh Republic.
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