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Ameria CJSC To Facilitate Enterprise Development Strategy In Armenia

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  • Ameria CJSC To Facilitate Enterprise Development Strategy In Armenia

    AMERIA CJSC TO FACILITATE ENTERPRISE DEVELOPMENT STRATEGY IN ARMENIA

    PanARMENIAN.Net
    May 4, 2010 - 15:41 AMT 10:41 GMT

    Attraction of investments and export promotion is one of the trends of
    Armenian Government's 2008-2012 Economic Policy. For this purpose the
    World Bank extended a grant to the Government of Armenia to finance
    a project for technical capacity building and strengthening of
    proficiency of Armenian Development Agency (ADA) staff. Ameria CJSC
    is contracted as an ADA consultant under the project to specify the
    strategy for export promotion and enterprise development in Armenia.

    While developing export promotion strategy, Ameria will review the
    existing export potential of Armenia, competitiveness of players,
    as well as suggest possible solutions for the export development in
    light of the overall impact of the world financial crisis, Ameriabank
    CJSC said in a press release.

    The implementation of the task will require a period of one year and
    will be completed through several phases. The phases will comprise
    selection of target sectors and identification of barriers and
    constraints to exporting in the selected sectors. Moreover, Ameria
    will develop tools and initiate programs aimed at increasing export
    readiness of Armenian enterprises with export potential in the target
    sectors based on international best practices. Ameria will also support
    the shortlisted enterprises with export potential in selection of
    target markets and provide assistance in order to assure compliance
    of selected enterprises with the requirements of target markets.

    Ameria will support ADA in the creation of an "information pool",
    referring to the key target markets requirements with particular
    attention being paid to CIS, EU, Middle Eastern and North American
    markets. Ameria will provide assistance to selected enterprises to
    develop promotional strategy for exporting, support selected companies
    for initial outreach campaign, promoting business contacts, matchmaking
    and signing of exporting contracts.

    Ameria is a leading advisory firm in Armenia specialized in the
    areas of corporate restructuring, M&A, legal advisory, direct and
    portfolio investments, business and strategic planning, financial
    advisory and tax planning, public administration and reforms, etc. As
    a part of Ameria financial group Ameria CJSC renders independent,
    confidential and objective counsel through a uniquely harmonious and
    efficient system of five advisory units: Management Advisory Services,
    Financial Advisory Services, Assurance and Taxation, Legal Practice
    and Investment Banking.

    From: Emil Lazarian | Ararat NewsPress
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