Armenia launched the construction of the Amulsar gold deposit

Armenian Prime Minister Hovik Abrahamyan today, August 20 launched the ceremony marking the start of construction of the Amulsar deposit in Vayots Dzor region, the press service of the government. This is one of the largest international investment programs in Armenia. Capital construction costs, which will run from 2016 to 2018 will amount to 370 million dollars, reports ARKA.

“We attach great importance to the implementation of the largest investment program, which will contribute to the development of the mining sector and economic growth. From the first day we have been providing full support for Amulsar program and are confident that it will be successfully implemented, and the construction of the field will be completed in . over the next two years, we have come a long way, we have the objective and subjective difficulties, but it is important that the construction started, which I, as the head of government, I am glad, “- said in his speech, the Armenian Prime Minister.

Abrahamian also welcomed the program of such a reputable financial institutions such as the IFC and the EBRD, and expressed the belief that the project will create new opportunities for the development of Armenia’s economy. The event was attended by government officials, ambassadors accredited in Armenia, representatives of international organizations and other officials.

20 August 2016

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