Yerevan July 30
Alina Hovhannisyan. A number of Chinese companies are interested in investment opportunities in Armenia's energy sector. This became known during the visit of the Minister of Energy Infrastructures and Natural Resources of the Republic of Armenia Artur Grigoryan to China.
According to the press service of the ministry, the minister visited the largest Chinese company Hanergy, which produces thin-film solar cells, which can be used in unmanned aerial vehicles, solar panels, vehicles and digital devices, etc. Together with the management personnel of the enterprise, the parties discussed the possibility of launching this production in Armenia. A preliminary agreement was reached on the development of an investment program, which will be discussed at the next meeting of the Armenian– Chinese intergovernmental commission.
During the visit, the Minister also met with representatives of the Chinese company China Railway no.3 Engineering group, who in turn noted that they are interested in the prospects for implementing the investment program in the energy sphere of Armenia. Moreover, the Chinese company Energy China also expressed interest in realizing investments in the development of Armenia's infrastructures.
According to the source, Minister Grigoryan also met with the leadership of the Chinese company XY International group, which specializes in the construction of gas stations. The parties discussed the possibility of building a combined station with a combined-cycle cycle in Armenia.
Within the framework of his visit to China, the Armenian delegation visited the Armenian-Chinese enterprise "Shansi-Nairit", which is engaged in the production of chloroprene rubber. The joint venture "Shansi-Nairit" was established on the basis of an agreement concluded in 2003 between the joint-stock company "Synthetic Rubbers of Shanxi" (PRC) and "Nairit" CJSC (RA). The share of the Armenian side in Shansi-Nairit is 40%. The production capacity of the joint venture is 30 thousand tons of synthetic rubber per year. During the meeting, an agreement was reached on increasing production volumes, selling products and expanding markets. A. Grigoryan suggested that Chinese partners conduct an international audit at the enterprise, create appropriate financial conditions for replenishment of positions on the basis of Armenian quotas.