China to invest in Armenian mining

China’s Fortune Oil will invest $0.5 billion in Armenia, Prime Minister of Armenia Tigran Sargsyan said after a meeting with the Vice-President of Fortune Oil, Daniel Chui, Panorama.am reports.


Realization of the company’s investment program will create new jobs, implement new technologies and increase human and community resources. Sargsyan underlined that the government praises the investment program of Fortune Oil. The sides also talked about further long-term investment in Armenia.

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