YEREVAN. – The Prime Minister of Armenia, Hovik Abrahamyan, on Saturday received President of the British Grange Holdings Ltd., Sheikh Assad.

Sheikh Assad plans to implement an around-$400-million investment project in Armenia, in thermal energy production.

In this context, the interlocutors discussed the respective arrangements that are made and the ongoing activities.

The Grange Holdings boss noted that his company is interested in expanding cooperation with Armenia.

Abrahamyan, for his part, welcomed the company’s willingness to implement investment projects in the country, and said the Armenian government stands ready to develop collaboration.