The Government of the Republic of Armenia

Prime Minister Hovik Abrahamyan received Grange Holding President Sheikh Assad who intends to implement a nearly USD400 million worth investment project in Armenia in the field of thermal energy. In this context, the parties discussed the agreements reached and the ongoing activities. The President of Grange Holding said his company intends to go beyond this program and is keen to expand the scope of its involvement in our country.

Appreciative of such a large investment program to be implemented in the energy sector, Hovik Abrahamyan expressed satisfaction with the practical steps underway in this field. Welcoming Grange Holding’s readiness to carry out investment projects in Armenia, the Premier assured of his government’s willingness to expand cooperation.