ARMENIAN PREMIER SAYS BACKS PRIVATE SECTOR’S PARTICIPATION IN PRIVATIZATION OF GEORGIAN HYDROPOWER PLANTS
ARKA
Dec 10, 2008
YEREVAN, December 10. /ARKA/. Armenia’s Prime Minister Tigran Sargsyan
said he supports the private sector’s participation in privatization
of Georgia’s hydropower plants. "We welcome any such participation,"
the premier said in Tbilisi on Tuesday.
Georgia’s Deputy Prime Minister Georgy Baramidze previously stated the
Georgian government welcomes Armenia’s participation in privatization
of their hydropower plants.
"I have told the Georgian premier that we stand ready to implement
large-scale projects with out Georgian colleagues," Sargsyan said,
adding the governments of both countries are ready to launch joint
economic programs.
"The first program will be construction of a road with the sponsorship
of the Asian Development Bank," the Armenian premier said, adding
the road will help transit goods and will guarantee an entry to Batumi.
With the Asian Development Bank ready to allocate funds for the
project, the road is likely to be put into operation in two years. The
distance between Yerevan-Batumi will become 30 percent shorter. The
distance between Yerevan and Batumi is about 700km.