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ANOTHER $20 MILLION TO BE INVESTED IN ARMENIA

Official

November 28 RA Prime Minister Serzh Sarkissian received Canadian businessmen Jonathan Goodman, James Small and Canadian Armenian businessman, Professor Azat Vardanian.

The Goodman family is the founder of a number of companies operating in various spheres. The family’s property is estimated to the size of 65 milliard dollars.

Jonathan Goodman is the owner and president of the “Dundee Precious Metals” Company engaged in investigation and exploitation of mines containing precious metals.

In Armenia the Company is represented by “Dino Gold” Company, which has launched an active work in Syunik marz and has invested more than $30 million so far. The Company intends to invest another $20 million to investigate the mine of Kapan

The RA PM welcomed the intention of the businessmen and noted that the Armenian Government is interested in working with companies having reputation, experience and high rating. Mr. Sarkissian asserted that necessary favorable conditions have been created for promoting investments and business in Armenia. Considering the mining industry one of the important spheres of our country’s economy, on behalf of the Armenian Government Serzh Sarkissian expressed willingness to support the Company in the implementation of its programmes.

The businessmen expressed gratitude to the Armenian Government and the Prime Minister for cooperation, and the willingness to support, emphasizing that it is important for any foreign investor.

During the conversation the guests stressed the importance of reciprocal visits of the Prime Ministers of the two countries, which, according to them, will open new perspectives for the development of Armenian-Canadian economic cooperation.