Private Investors To Invest 12 Mln EUR In Creation Of An Oncology Cl

PRIVATE INVESTORS TO INVEST 12 MLN EUR IN CREATION OF AN ONCOLOGY CLINIC IN ARMENIA FOR TREATMENT BY MEANS OF RADIOISOTOPES

ArmInfo
2009-08-03 10:11:00

ArmInfo. Private investors will invest 12 mln EUR in creation of an
oncology clinic in Armenia for treatment by means of radioisotopes,
Chairman of the Armenian National Competitiveness Fund Bekor Papazyan
told journalists, Saturday. According to him, the clinic may start
functioning in 2009. Among the investors there is a group of Frenchmen
of Armenian origin.

To recall, the Armenian government concluded an agreement with the
Belgian government on receiving a loan supposedly worth 17 mln EUR on
preferential terms. It is envisaged to spend the funds on cyclotron of
the Belgian company IBA, which will be set up at the Yerevan Physics
Institute after Alikhanyan. The radioisotopes produced by the device
will be purchased and used by the clinic. The project is estimated
at 30 mln EUR.

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