Armenia seeks a strategic investor for “Nairit”

10.02.2012 | 10:31 Home / News / News /

Yerevan /Mediamax/. Deputy Chairman of the Executive Board of Eurasian Development Bank Sergey Shatalov said that the Armenian government considers an alternative to attracting a loan from Anti-Crisis Fund of EvrAzES to rehabilitate “Nairit” factory.

EurAzEs Anti-Crisis Fund managed by the European Development Bank (EDB) started operation in December 2009.

“We received a request from Armenia for USD 400mln to rehabilitate “Nairit” factory. But the government is concerned about the level of debt loan that’s why it considers an alternative to the loan – particularly attracting a strategic investor to the project”, said Sergey Shatalov in his interview to Kommersant paper.

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