KOREAN COMPANIES SHOW INTEREST IN IMPLEMENTATION OF INVESTMENT PROJECTS IN VARIOUS SPHERES OF ARMENIA
Noyan Tapan
March 4, 2010
YEREVAN, MARCH 4, NOYAN TAPAN. The Prime Minister of Armenia Tigran
Sargsyan on March 4 received a delegation of Korean businessmen
and the following companies: Korea Resources Corp. (KORES), Daewoo
Shipbuilding & Marine Engineering (DSME), DSME E&R, and CORUS. The
delegation was headed by CEO of KORES Kim Sin-Jong. According to the
RA Government Press and PR Department, representatives of Vallex Group
(Armenia) also participated in the meeting.
The prime minister expressed a hope that cooperation of Armenian
and Korean businessmen will be successful due to the existence of
a number of projects of mutual interest. The representatives of
Korean companies said they are interested in implementing investment
projects in various spheres of Armenia, in particular prospecting and
extraction of minerals, infrastructure development, and processing
of concentrates.
The interlocutors attached importance to the signing of memoranda
on cooperation between Armenian ministries and companies and Korean
organizations.