Eduardo Eurnekian signals more large-scale investments in Armenia

July 13, 2021 – 13:15 AMT

PanARMENIAN.Net – Acting Prime Minister Nikol Pashinyan on Monday, July 12 hosted National Hero of , Argentinean entrepreneur of Armenian descent, philanthropist Eduardo Eurnekian, who said he is committed to continuing making large-scale investments in Armenia.

“We are investing in different spheres, and we tend to continue to make large-scale investments in Armenia,” Eurnekian said. “We are currently negotiating with a bank. We can see a good growth in tourist flows, and fortunately, we will soon offer a new investment portfolio in the sphere of airport construction. My cousin Martin, who is in charge of all this, will be coming to Armenia very soon to get in touch with your designated contact and discuss the investment plan. We are very much pleased with the developments in the wine and viticulture sector that we have been able to identify, invest in and reform. Armenian wines are today commonplace throughout Europe.”

Pashinyan, meanwhile, described Eurnekian as “one of the most important Diaspora-based investors” in Armenia.

“Therefore, I think your investment mood shall predetermine the overall investment sentiment in the Republic of Armenia,” he said

The two discussed the programs implemented by Armenia International Airports CJSC in the country, weighing in on the development and improvement of lifeline infrastructure, renovation and further operation of ’s Zvartnots and Gyumri’s Shirak airports, which are being managed by the company under a concession arrangement. They also exchanged views on other business projects planned or implemented by companies owned by Eurnekian in Armenia.

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