In Gyumri’s dry port project, the government took the reins and changed the investor – 2024-03-01 00:18:20

by times news cr

2024-03-01 00:18:20

Regarding Gyumri dry port, we have the winner of the tender for the company performing technical and economic analysis of the project, it is a famous Dutch company, Minister of Economy Vahan Kerbyan informed about this in the National Assembly, saying that he will not mention the name of the company at the moment.

“That company should answer the main questions within the next 2-3 months: whether the possible investments in Gyumri’s dry port and industrial park will be justified or not.” Preliminary analyzes show that, yes, it is an attractive investment,” said the minister.

According to him, the interest that is being formed around the possible project today allows us to say that the process will proceed successfully.

“Let’s not be ahead of time. As for the company with Israeli roots, due to various factors, the company withdrew from its investment plan. To be honest, they expressed their desire to extend the period of the investment program and move forward, but the government weighed the probability of success and we decided not to extend the period that was given to implement the investment program. We decided to take the steering wheel into our own hands and try to advance the project ourselves,” said Vahan Kerobyan.

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