PM Introduced to Investment Support Center’s Activities
Prime Minister Nikol Pashinyan today called at the Investment Support Center (ISC) of the Ministry of Economy.
Accompanied by Minister of Economy Tigran Khachatryan and ISC Director Levon Ohanesyan, the Prime Minister first toured the Center to get acquainted with its activities. The Premier next chaired a consultation, during which he was briefed on the efforts aimed at supporting investments.
Addressing those present, the Head of Government said, "For a while now, we have been discussing the possibility of using support mechanisms and formulas in a bid to promote inbound investments, including the mechanisms to assist potential investors. Such institutions and mechanisms were in place in the past as well, but our task is to make them more effective. Our decisions should eventually show their viability in practice. We reorganized the Center for SME Development into this Investment Support Center, and today we are going to see the development concept drafted by our colleagues from the Center and exchange views on the steps to take ahead," the Premier said.
ISC Director Levon Ohanesyan reported that the Center is providing comprehensive assistance to those local and foreign businessmen intending to invest in Armenia in a number of areas. In particular, the Center provides information about Armenia’s investment opportunities and conditions, including the applicable privileges and other procedures. ISC representatives attend investors all the way through the investment process. They provide consultation about the resources necessary for making investment, including information on landed and other real estate, alienated state-owned property, co-funding sources, and local partners. Potential investors are offered investment projects that meet their interests. Operational responsiveness is ensured during the investment process.
Different stages of assisting foreign investors, the FAQs and assistance tools were presented during the exchange of views that followed. It was reported that the Center also provides support to Armenian business entities on the way to external sales markets. In particular, business forums and exhibitions are organized for Armenian entrepreneurs operating abroad.
Nikol Pashinyan stressed the need for providing complete information to potential investors. He tasked those responsible to submit proposals and a roadmap for implementing the planned projects more purposefully.
US Ready for Arms Control Talks with Russia, China if They Meet Its Criteria
Artsakh Information Headquarters: Four Artsakh Police Officers Are Self-Isolated
Alexander Leonovich Kemurdzhian, Designer of the First Planet Rover
Trump Says He Had Good Call with Russia's Putin, Saudi King on Oil
Armenia's Coronavirus Spread Doubling Rate Comes Near to 10 Days: Minister
Two More Coronavirus Cases Registered in Artsakh
Armenian National Team is 102th in FIFA/Coca Cola World Rankings
Up to 150 Members of the Saudi Royal Family Infected With Coronavirus
Armenia: Government Approves 10th Activity to Support Micro-Businesses as Part of Ots Effort to Offset the Impact of COVID-19
Zohrab Mnatsakanyan Held a Phone Conversation with the Foreign Minister of of Lithuania
Artsakh Defense Army Commander Chairs Military Council Session
Balkaneu: The Son of the Serbian President Tests Positive for COVID-19
Bloobmerge: The World Economy will Lose $ 5 Trillion from Coronavirus
Such Matter Doesn’t Exist on Agenda: Armenia on Report About Turkey Offering Support
Bako Sahakyan Instructs to Strengthen Border Control at Checkpoints
Georgia to Evacuate Georgian, Armenian Students from USA
Armenia: the Air Temperature will Go up
Armenia: 80-Year Old Patient Died from Coronavirus
Armenian PM: The Released Money is Not Even 10% of the Planned Relief
This Is Our Armenian Pizza: Turks Have Lashed Out at Kim Kardashian for Describing Lahmacun as Armenian Pizza (VIDEO)
Armenian who Was Born on Ararat Street: Sergey Lavrov – the Unsurpassed Diplomat
Turkish President Expressed Readiness to Provide Armenia with the Provision of Medicine
March 15: Tehlirian’s Bullet Toppled Talaat to the Ground
Armenian Coat of Arms Printed on Famous American Rapper's Jacket
Catholicos Aram I Held Phone Talk with Noubar Afeyan over Coronavirus Vaccine
Statement of the Foreign Ministry of Armenia on the military incident at the Armenian-Azerbaijani border
PACE Rapporteur: I Am Astonished And Appalled By The Azerbaijani Government’s Shameful Exploitation Of The Coronavirus Pandemic
Baku’s Refusal of the Illusions of Restoring Its ''Territorial Integrity'' Will Help to Proceed with the Peace Process: Artsakh MFA
Artsakh President Chaired an Enlarged Meeting of the Interdepartmental Commission Coordinating the Prevention of the Spread of the Novel Coronavirus
Wind: 5 km/h