SLOVAK COMPANY PLEDGES TO BUILD 15 HYDRO POWER PLANTS FOR NAGORNO-KARABAKH
ARMENPRESS
Jan 23, 2008
YEREVAN, JANUARY 23, ARMENPRESS: A Slovakian VUJE company has pledged
to build 15 small hydro power plants for Nagorno-Karabakh.
Ashot Grigorian, an Armenian businessman living in Slovakia and
chairman of an organization seeking to boost bilateral ties, said the
agreement was reached by members of a Slovakian business delegation
and Nagorno-Karabakh officials when they met in Yerevan the other day.
Ashot Grigorian said Slovak specialists will visit Nagorno-Karabakh
in February and March for a first-hand knowledge. He said VUJE plans
also to build two small such plants in Armenia.
Grigorian said Slovak Exim bank plans to give a 30-50 million euro
loan to Armenian banks at 6-9 percent interest rate.
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