Armenia announces a new dry port project featuring a modern logistics hub

Minister of Economy, Republic of Armenia, Gevorg Papoyan, on Thursday expressed his gratitude to the Government of India and the Indian industry for initiating a meaningful dialogue to deepen bilateral and regional economic engagement.

He was speaking at the India–Europe Business Partnership Roundtable, held as part of the CII 30th Partnership Summit 2025 here.

Papoyan underlined that fostering prosperity remains a key national priority for Armenia. He noted that the country has modernised its infrastructure and formulated a Strategic Development Agenda 2050 focused on sustainable growth.

Emphasising Armenia’s growing role in regional trade and connectivity, Papoyan announced plans for an upcoming dry port project featuring a state-of-the-art logistics hub designed to boost trade efficiency and strengthen links with global markets.

Highlighting Armenia’s ongoing economic transformation, he said the government is investing heavily in green energy and promoting inclusive technologies to ensure equitable and long-term development.

Reaffirming Armenia’s commitment to collaboration with India and European partners, he said the country looks forward to building a shared future based on innovation, sustainability, and prosperity.

In his address, Amit Kalyani, Chairman, CII Europe Council, said that Andhra Pradesh is as big as a large European nation and invited European investors to explore opportunities in India and Andhra Pradesh.

He noted that the India–Europe strategic agenda would enhance cooperation, particularly in maritime trade and shipbuilding.

Commending the speed and efficiency of the Andhra Pradesh government under its Chief Minister N. Chandrababu Naidu, he added, “Conscious capitalism that doesn’t exclude anyone is our motto.”