Armenia’s Kotayk eyes on center stage!
Attempting to become a major diamond industry center The diamond industry in Armenia’s Kotayk Province is experiencing noticeable progress and the number of business operators in the sector is expected to grow soon. Kotayk Governor Romanos Petrosyan told that the city of Abovyan currently has a diamond manufacturing company with 80-100 employees. “There are businessmen who intend to attract major investments by working in Abovyan, associated with the post-revolutionary political situation. Concrete steps are already being made in this direction. Large scale construction has recently commenced in Abovyan, in the territory of the former Sirus factory. The diamond industry plants will be located here. It is planned that Hong Kong and Dubai based diamond manufacturers will open offices in Abovyan and will start production,” the governor said, adding that according to the business plan 3000 jobs will be created in the coming years. He said the companies are also pla