CONSTRUCTION OF IRAN-ARMENIA-GEORGIA TRANSIT GAS PIPELINE
CAN BE GOOD REHABILITATION PROJECT FOR ARMENIA: EBRD EXPERT
YEREVAN, JUNE 6. ARMINFO. The construction of Iran-Armenia-Georgia
transit gas pipeline can be a good rehabilitation project for
Armenia, EBRD Director for Caucasus, Moldova and Belarus, Michael
Davey said during today’s BSTDB business forum in Yerevan.
He says that this project is economically very important and
profitable for Armenia and Georgia. Baku-Tbilisi-Ceyhan project is
also very important for the South Caucasus in terms of investment
inflow. Such projects form investment rating, one thing all the three
South Caucasian countries are lacking at present, says Davey
qualifying as weak the general investment climate in the South
Caucasus.