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Government - Private Sector Cooperation Concept Approved By Governme

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  • Government - Private Sector Cooperation Concept Approved By Governme

    GOVERNMENT - PRIVATE SECTOR COOPERATION CONCEPT APPROVED BY GOVERNMENT IN ARMENIA

    ARKA
    Jan 29, 2009

    YEREVAN, January 29. /ARKA/. Armenian Government approved the concept
    of cooperation between the government and the private sector in
    the country.

    The main aim of the concept is to strengthen cooperation between
    the state and the private sector that is becoming widely spread all
    over the world, Armenian Deputy Minister of Economy Ara Petrosyan
    reported. Best international practice was taken into account while
    developing the concept.

    Creating conditions for better efficiency of partnership and full
    use of cooperation potential are among main objectives set under the
    concept, Petrosyan said.

    The Deputy Minister reported that the concept also addresses public
    services sector - transport, communication, energy and fields with
    "established potential" (education, IT, tourism).

    When implemented, the concept will lead to reduction in government
    costs and commercial risks, to long-term economic growth and will
    allow involving partners in distribution of profits.

    Main types of partnership such as trust management, lease, concession,
    privatization and transfer of assets are listed in the concept.

    The Deputy Minister pointed to examples of successful cooperation
    with private sector and to the Armenian Tourism Development Agency
    among them.

    According to Petrosyan, the concept will eliminate all the obstacles
    on the way of the cooperation. It will also help reduce disproportion
    in development of different regions of the country.

    The concept will establish cooperation between the national center
    for development of small and medium enterprises, the government
    and the private sector and the prompt response office for support to
    private sector. This, in its turn, will help implement major programs,
    Petrosyan said.

    Armenian Premier Tigran Sargsyan pointed out that the concept will
    also help implement programs selected by the prompt response office for
    support to private sector. Three programs have been picked up involving
    procurements and subsidizing of agriculture, he reported. Instructions
    are to be given to the national center for SME development to conduct
    monitoring and prevent dissipation of government funds.
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