ArmInfo. The company "Cascade  Energy" in the implementation of the project to modernize the  electrical substation "Lich" will receive the right to make purchases  from one person. The corresponding decision was made at a meeting of  the RA Government on July 9.

ArmInfo.

ArmInfo.

ArmInfo.

ArmInfo.  Two large  international companies have submitted applications for participation  in prequalification tender for the selection of a contractor for the  construction project of the Aig-1 solar power plant. This was  announced on July 9 at a government meeting by Prime Minister Nikol  Pashinyan.

ArmInfo.

ArmInfo.  As of today, one  application for participation in the program has been satisfied  subsidizing interest rates on preferential loans attracted by  business entities; two more applications are under consideration. On  July 9, Deputy Prime Minister Mher Grigoryan stated this at a meeting  of the RA Government.

ArmInfo. After receiving the  Operator Certificate issued by the Civil Aviation Committee of the Republic of Armenia, Fly Armenia Airways is pleased to announce the entry into the Armenian market with new profitable offers for the  Armenian public and business community.

ArmInfo.

ArmInfo.

ArmInfo.

ArmInfo.

ArmInfo.

ArmInfo.

ArmInfo.

ArmInfo. The volume of total  foreign investments in the real sector of the economy of Armenia  decreased in the I quarter of 2020 by 38.6% y-o-y, amounting to $ 418  million, while a year earlier an increase of 12.7% was recorded. In  their structure, the volume of FDI demonstrated stagnant growth of  1.4%, amounting to $ 143 million, against a decline of 20.5% a year  earlier. As a result, the share of FDI in total foreign investments  in the first quarter of 2020 increased to 34.2%, exceeding not only  the year-ago period (20.7% in the first quarter of 2019), but also  the two-year one (29.4% in the first quarter) 2018).

ArmInfo.

ArmInfo.

ArmInfo.  In order to promote  sustainable, innovative and market- oriented agribusiness in Armenia,  the EU Green Agriculture Initiative in Armenia (EU-GAIA) has  announced an open call for applications to support green and organic  projects.  According to the EU press service, the EU-GAIA project is  funded by the European Union and co-financed and implemented by the  Austrian Development Agency (ADA) in cooperation with the United  Nations Development Programme in Armenia. The project's Government  counterpart in Armenia is the Ministry of Economy. 

ArmInfo. In Armenia, the  investor will not receive permits for the development of deposits in  the absence of research on the reserves of the mine. The country's  parliament at an extraordinary meeting on July 8 in the first reading  discusses amendments to the law "On bowels "and in a package of  related laws.