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Armenia’s former PM to invest $1 billion in Russia – newspaper

07:44, 08.06.2012 Region: Armenia, Russia Theme: Economics, Society

YEREVAN. – Armenia’s former Premier and head of Knightsbridge group of companies Armen Sargsyan, together with the governor of Russia’s Leningrad Oblast (Region), intends to invest US$1 billion in the region’s water supply system, Hayatsk daily writes.           

“For around four years this region was seeking investors who would make huge investments in the water economy, and former Armenian statesman was the only one who agreed to make large investments,” Hayatsk writes.

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