ARMENIAN GOVERNMENT TO PROVIDE 2,5 MILLION USD OF STATE GUARANTEES TO “ELITE GROUP” Published on 06 June, 2009
YEREVAN, JUNE 4, ARMENPRESS: The Armenian Government will provide state guarantees of 2.5 million USD to the “Elite Group” company to bring the extended works conducted by this company to the end.
During today’s session of Armenian Government the Armenian Finance Minister Tigran Davtian noted that the state is ready to provide up to 20 billion drams of state guarantees to the construction companies taking into consideration the significant importance of the sphere in the Armenian economy. T. Davtian stressed that the “Elite Group” is a quite authoritative company and definitely satisfies the strict requirements of providing with state guarantees set by the Armenian Government.
Referring to this decision, the Armenian Prime Minister Tigran Sargsyan noted that this is the first application for promotion of the construction by making use of the new tool of the Government. He expressed hope that other companies will also apply for getting state guarantees.
Source: www.armenpress.am
|
