Karapetian Vows Large-Scale Investments in 2017

Prime Minister Karen Karapetian speaks at Yerevan State University on Feb. 15, 2017 (Photo: Government of the Republic of Armenia)

YEREVAN (RFE/RL)—Prime Minister Karen Karapetian reiterated on Wednesday his government’s pledges to help inject hundreds of millions of dollars into Armenia’s economy and public infrastructure this year.

Karapetian said the recently reshuffled government has received 471 investment proposals from private firms, various government ministries and local communities across the country. The government considers 345 of those projects worth a combined $3.2 billion to be “realisticâ€

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