CEO of Franck Muller to Invest $150,000 in Armenia Projects

YEREVAN — Armenian Prime Minister Hovik Abrahamyan received Swiss businessman, philanthropist, President and CEO of Franck Muller Vartan Sirmakes.

Praising Mr Sirmakes’s personal contribution to Armenia’s economic development, the Prime Minister noted that all the projects implemented in Armenia promote the country’s economic development and create new jobs. In this context, the Premier highlighted the Old Yerevan project, which as funded by the Swiss philanthropist will cost around USD150 million in investments.

Vartan Sirmakes thanked the Premier, stressing that the Government’s priorities appear to be convincing, and he is confident that Armenia has a great future. The Swiss businessman said to be prepared to contribute to the development of both the Republic of Armenia and the Nagorno Karabakh Republic through various programs, creating new jobs and ensuring economic activity.

Prime Minister Abrahamyan stressed the importance of the projects implemented in Artsakh. Hovik Abrahamyan thanked the businessman for consistency, assuring that all of his projects will have a great economic impact.

The interlocutors took the opportunity to discuss a number of investment programs to be implemented in Armenia and Artsakh.

MassisPost

Share
Published by
MassisPost

Recent Posts

US Congressman Henry Cuellar Indicted for Accepting Bribes from Azerbaijan

WASHINGTON, DC -- Democratic Rep. Henry Cuellar of Texas and his wife have been charged…

2 days ago

Armenian Church Western Diocese Announces Inauguration of the Dr. Harry Demirgian Memorial Scholarship

BURBANK -- The Western Diocese of the Armenian Church of North America has announced the…

2 days ago

Armenia Improves to 43rd Place in 2024 World Press Freedom Index

PARIS -- Armenia ranks 43rd (up from 49th last year) in the 2024 World Press Freedom…

2 days ago

The Paros Foundation Hosts Fundraiser Benefiting the Nor Hachen Polyclinic

ATWATER VILLAGE, CA. - On April 28, 2024, the Med-Aid Armenia 2nd Annual Fundraiser was…

3 days ago

Armenia and U.S. Extend Cooperation Agreement on Countering Proliferation of Weapons of Mass Destruction

YEREVAN -- Armenian Defense Minister Suren Papikyan and U.S. Ambassador to Armenia Kristina Kvien signed…

3 days ago

Secretary of State Blinken is Personally Engaged in Resolving Conflict Between Armenia and Azerbaijan: Patel

WASHINGTON, DC -- US Secretary of State Antony Blinken is personally deeply engaged on the…

4 days ago