Agreement on Loriberd hydropower plant signed in Frankfurt

Agreement on Loriberd hydropower plant signed in Frankfurt

December 8, 2012 – 19:45 AMT

PanARMENIAN.Net – Prime Minister Tigran Sargsyan met with senior vice
president of Oracle EMEA Ltd. Alain Blanc in the framework of
Frankfurt-hosted Armenian-German business forum.
The company’s possible involvement in Armenia’s IT sector was in the
focus of the meeting, with the formation of free trade area in
Armenia, Gyumri Technopark and a number of educational programs
discussed.
Mr. Blanc, in turn, expressed the company’s readiness to implement
programs in Armenia, confessing to the awareness of a number of
projects in progress.
The forum further featured signing of an agreement on financing the
Loriberd Hydro Power Plant program.

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