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ARMENIA SHOULD DEVELOP MOST PROMISING AND ATTRACTIVE INVESTMENT SECTORS
YEREVAN, April 16. /ARKA/. Armenia needs to make every effort to
develop the most promising sectors with high investment appeal,
Armenia's minister of economy Karen Chshmarityan said in his exclusive
interview to Golos Armeniyi newspaper.
According to the report of the Organization for Economic Cooperation
and Development (OECD), these fields are agricultural processing and
production of building materials, the minister said.
International organizations, banks and institutional investors are
currently closely watching these fields, but a lot remains to be done
in these areas for development, Chshmarityan said.
The current level of efficiency in Armenia's agriculture is three times
as low as in industry, the minister said. At the same time, in terms
of production of building materials, the minister praised the strict
approaches of the ministry of energy and natural resources towards
companies that have licenses, yet fail to do what they should do.
The companies that fail permanently to perform should free the space
for proper investors and efficient owners, the minister said. It is
unacceptable to have only 25 % of all licensed companies operating
actually, Chshmarityan said. -0--
http://arka.am/en/news/economy/armenia_should_develop_most_promising_and_attracti ve_investment_sectors/#sthash.RTKo2Q8G.dpuf
YEREVAN, April 16. /ARKA/. Armenia needs to make every effort to
develop the most promising sectors with high investment appeal,
Armenia's minister of economy Karen Chshmarityan said in his exclusive
interview to Golos Armeniyi newspaper.
According to the report of the Organization for Economic Cooperation
and Development (OECD), these fields are agricultural processing and
production of building materials, the minister said.
International organizations, banks and institutional investors are
currently closely watching these fields, but a lot remains to be done
in these areas for development, Chshmarityan said.
The current level of efficiency in Armenia's agriculture is three times
as low as in industry, the minister said. At the same time, in terms
of production of building materials, the minister praised the strict
approaches of the ministry of energy and natural resources towards
companies that have licenses, yet fail to do what they should do.
The companies that fail permanently to perform should free the space
for proper investors and efficient owners, the minister said. It is
unacceptable to have only 25 % of all licensed companies operating
actually, Chshmarityan said. -0--
http://arka.am/en/news/economy/armenia_should_develop_most_promising_and_attracti ve_investment_sectors/#sthash.RTKo2Q8G.dpuf