YEREVAN (ARKA), March 3– International company ARTOC Group is interested in investing in Armenia, its president Shafik Gabr, told Tuesday in Yerevan during a meeting with Armenian Minister of Economy Nerses Yeritsian.

The ministry’s press office said it was the first visit of Mr. Gabr to Armenia. He was quoted as saying that his company wants to choose a concrete direction or directions of cooperation with Armenia after conducting a study of available potential.

Minister Yeritsian briefed him on Armenia’s long-term and short-term investment and infrastructure projects.

The ARTOC group delegation arrived in Armenia March 1 on a three-day visit. They are expected to meet with the Armenian president, speaker of parliament and prime minister.

ARTOC group is an international holding involved in engineering and consultancy, construction, electrical contracting, real estate development, publishing, aircraft leasing and art advisory service. Its head office is in Cairo, Egypt.

Photo credit: v_hujer