Chinese investors eye mineral water production in Armenia

YEREVAN, March 26 (Xinhua) -- The Armenian Ministry of Economic Development & Investments said here on Monday that Minister Suren Karayan had met with representatives of Chinese company "New Idea" who are keen on producing mineral water in the former Soviet republic.

During the meeting, the Chinese business delegation expressed confidence in the business venture because of the high quality of mineral water in Armenia.

The Chinese company's initiative will also have a social impact on the people close to the forthcoming mineral water plant, according to a statement released by the Armenian Ministry of Economic Development & Investments.

Minister Suren Karayan has informed New Idea, of the government agency's willingness and readiness to assist the Chinese investors with all instruments at hand, the statement said. Enditem