BISNIS Construction Industry Update: Investment Opp – 10/03/2005

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
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:
Location: Yerevan, Armenia
Lead Link:
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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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Note: Articles by non-U.S. government employees express the views of the
authors and should not be construed as a statement of U.S. government policy
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BISNIS Programs available to you FREE OF CHARGE:
BISNIS ExpoLink Eurasia
BISNIS Trades & Tenders
BISNIS Search for Partners
fm
BISNIS FinanceLink
For industry-specific information, please go to Construction Industry
page at
+++++++++++++++++ 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.armmed.am
www.bisnis.doc.gov

Disclaimer: This article was contributed and translated into English by Chatinian Lara. While we strive for quality, the views and accuracy of the content remain the responsibility of the contributor. Please verify all facts independently before reposting or citing.

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