Haykakan Zhamanak: Gyumri industrial park to close down

Fri 16 May 2014 04:50 GMT | 09:50 Local Time

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A proposal for dissolving the industrial park of Gyumri is said to be on the Armenian cabinet's upcoming meeting agenda.

In more simple words, the government is suspending facility, says the paper. The justification behind the decision is reportedly the fact the industrial park has not carried out any work since inception.

The paper notes further that the plan for launching an industrial park in the second largest city was the brainchild of Tigran Sargsyan, the former prime minister, who until recently sang the praises of the idea.

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