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Hovsep Poghosyan: Our key goal is to create new jobs and to fill the

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  • Hovsep Poghosyan: Our key goal is to create new jobs and to fill the

    Hovsep Poghosyan: Our key goal is to create new jobs and to fill the
    market with local products

    by Hovhannes Kazaryan

    ARMINFO
    Thursday, February 6, 18:38

    In the Soviet times our shoe and textile factories employed over
    12,000 people, today, they employ just 6,000 people, Co-Chairman of
    the Union of Light Industry Employers of Armenia Hovsep Poghosyan told
    journalists on Thursday.

    The Union was formed in July 2011. In Dec 2013 it adopted strategies
    for developing shoe and textile industries in Armenia. On Feb 5 2014
    the Government of Armenia and local light industry companies signed a
    memorandum for developing the industries, with the authorities having
    promised to provide $2.5mln for this project.

    "Today our shoe and textile companies satisfy just 8-10% of the
    demand, but if we show a wise approach, this figure may grow to
    50-70%," Poghosyan said.

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