Armenia to relocate metallurgical plant’s construction site from Arazdayan

The construction of the Armenian-American metallurgical plant in Yeraskh village (Arazdayan) on the border with Azerbaijan will be moved to another place.

Such a decision was made by the Armenian government, Report informs, citing Sputnik-Armenia.

The enterprise will be moved to Ararat village of Ararat (Davali) region.

Earlier, the Azerbaijani government demanded that Armenia suspend the construction of a metallurgical plant in Arazdayan.

The plant’s owners are American companies Virtual Funding and CESI Global Investments (through GTB Steel).