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Marriott International, Russian Direct Investment Fund, Corporation America set to implement new investment projects in Armenia


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Prime Minister Nikol Pashinyan continues his meetings with business people and investors from different countries on the margins of the World Economic Forum in Davos.

On the second day of the Forum, the Prime Minister discussed with the President of Marriott International Arne Sorenson the possibilities of expanding the company’s activity in our country. Highly appreciative of Marriott International’s Armenia operations, Nikol Pashinyan said the Marriott Hotel enjoys great popularity in Armenia. The Premier noted that the Armenian government is interested in the development and expansion of the internationally renowned hotel chain in our country.

Arne Sorenson advised that they are considering new investment projects by Marriott International and the opening of new hotels in our country. Hailing the Government’s efforts aimed at improving Armenia’s business environment, he expressed confidence that they would help effectively implement the proposed projects.

At the meeting with Russian Direct Investment Fund Director General Kirill Dmitriev, Nikol Pashinyan stressed that the transformations underway in our country provide good opportunities for direct investments. The Prime Minister noted that his government is prepared to support the ongoing programs implemented by the Fund and discuss the possibilities of implementing new investment projects.

Kirill Dmitriyev briefed Nikol Pashinyan on the programs implemented in the fields of agriculture, industry and power engineering. Noting that the Fund will continue to implement new projects in Armenia, given the favorable conditions available in Armenia, he advised that they are going to take steps to get their international partners involved into our country.

Prime Minister Pashinyan next met with Corporation America’s General Manager Martin Eurnekian. The interlocutors discussed upcoming investment projects in aviation and other spheres in Armenia. In this context, they touched upon the planned activities at Zvartnots and Gyumri’s Shirak airports, further management and development of HayPost, as well as plans for the former building of the Ministry of Foreign Affairs of the Republic of Armenia.

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