YEREVAN, DECEMBER 19, ARMENPRESS. Prime Minister of the Republic of Armenia Hovik Abrahamyan received the head of UK-based “Grange Holding” company Sheikh Assad on December 19, who plans to invest $400 million in thermal energy production. In this context the interlocutors discussed the implementation process of reached agreements and current works. As “Armenpress” was informed from the Information and Public Relations Department of the Government of Armenia, the head of ”Grange Holding” mentioned that the company does not intend to limit its activities with this investment project and is interested in expanding the fields of cooperation.

Hovik Abrahamyan highlighted the implementation of such a large project in the energetic sector of our country and expressed satisfaction over the practical steps taken in the direction. The PM also hailed the readiness of ”Grange Holding” to invest in other sectors of Armenia and mentioned that the Government is ready to develop the cooperation.