YEREVAN. - Prime Minister of Armenia Karen Karapetyan on Monday chaired the subsequent consultation during which the new investment projects submitted by the country’s Ararat and Armavir provinces were discussed.

The business projects related to the expansion of winemaking and production of fruit vodka, organic agricultural food processing, agricultural equipment production, expansion of greenhouse facilities, etc.

Details were presented on the feasibility study and financial assessments of the projects. The PM noted that all the projects should be considered based on established features. Karen Karapetyan also underscored the importance of the assessment of business projects pursuant to the expected results and risks, as well as instructed to jointly study the possibilities for the support in order to launch the approved projects.