VIS Group is interested in implementing PPP projects in the Republic of Armenia
The Minister of Transport, Communication and Information Technologies of the Republic of Armenia Vagan Martirosyan met with VIS Group management team in Erevan. Executive Director Kirill Gapeev and Deputy Director General Sergey Parsadanyan gave a presentation on the Group's experience in implementing major infrastructure projects and talked about public-private partnership projects, with VIS Group being one of the leaders in Russia in terms of capital intensity. During the meeting, interest was expressed in expanding business into new regions and collaborating to implement projects in the Republic of Armenia based on the PPP mechanism.
Vardan Karapetyan, Acting General Director of the State Non-Profit Organisation for the Implementation of Transport Projects of the Republic of Armenia, also took part in the negotiations. The parties agreed to set up a working group to consider possible joint projects.