Announcement

Collapse
No announcement yet.

It Is Envisaged Passing Armautostation To Another Company For Conces

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • It Is Envisaged Passing Armautostation To Another Company For Conces

    IT IS ENVISAGED PASSING ARMAUTOSTATION TO ANOTHER COMPANY FOR CONCESSIONARY OR TRUST MANAGEMENT

    NOYAN TAPAN
    December 21, 2009
    YEREVAN

    YEREVAN, DECEMBER 21, NOYAN TAPAN. The RA Ministry of Transport
    and Communication is now prepaing a concept to pass Armautostation
    company to another company for concessionary or trust management,
    minister Gurgen Sargsyan announced on December 21.

    He said that the ministry initiated the process of passing
    Armautostation CJSC for concessionary management as early as 2008. "We
    decided that this company should be given to some other company for
    management rather than be privatized. The issue of whether it will
    be concessionary or trust management is still under discussion," G.
    Sargsyan said.

    In his words, a similar company was privatized in Georgia and now it
    no longer exists, whereas in several countries, such companies are
    either state-run or have been given to other companies for management.

    From: Emil Lazarian | Ararat NewsPress
Working...
X