Ruben Vardanyan: Construction Of New Nuclear Reactor Is Crucial For

RUBEN VARDANYAN: CONSTRUCTION OF NEW NUCLEAR REACTOR IS CRUCIAL FOR ARMENIA’S ECONOMY

ArmInfo
05.03.2010

ArmInfo. The construction of new nuclear reactor is crucial for
Armenia’s economy, Chairman of the Board of Directors of Troika Dialog
Ruben Vardanyan said during a press-conference today.

If realized, this project will produce a serious effect for the
economy as Armenia is a small country with small economic potential.

To remind, Dec 4 the Government of Armenia approved decision to create
a joint venture with Russian Atomstroyexport (part of Rosatom) for
building a new nuclear reactor in Armenia. The authorized capital
of the company will total 60mln AMD ($156,000). The capacity of the
reactor is 1,050MW. The preliminary cost of the project is $4bln.