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“Laying the foundation is the hardest part”
The Russian side will most likely provide half of the funding for the construction of Armenia's new nuclear plant.
"Laying the foundation is usually the hardest part during the construction of such structures. Russia is ready to make 50 percent of investments," said today Minister of Energy and Natural Resources Armen Movsisyan.
Rosatom Company has proposed to the Armenian government to procure 50 percent of funds by taking loans from international financial organizations.
The construction of the nuclear plant has been postponed to 2020 since international organizations demand restricting security warrants after the accident that took place at the Fukusima nuclear plant in Japan.
