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TEXTILE INDUSTRY ABLE TO OFFER ABOUT 15,000 NEW JOBS IN ARMENIA - COMPANY HEAD
YEREVAN, February 3. /ARKA/. If favorable conditions are created,
the textile industry can ensure a 10-15-time growth of production
and exports and at least 15,000 new jobs in Armenia, co-chairman of
the country's Union of Light Industry Employers, director of Tosp
knitwear factory Suren Bekirski said.
Bekirski said favorable conditions imply government support, cheap
loans, investments of $7-8 million with a payback period of 10 years,
tax burden easing or at least equal conditions.
If exports do not develop, Armenian companies will fail to grow and
be competitive.
According to co-chairman of Union of Light Industry Employers Hovsep
Poghosyan, the officialdom's unwillingness to perform and lack of
affordable loans and individual approach to companies are the main
problems in the sector.
Earlier, the minister of economy Karen Chshmarityan said light
industry output rose by 12% in Armenia in 10 months of 2014 to about 7
billion drams. The minister said the industry recorded growth in both
production and exports in the period. The country's exports hiked 25%
to 3 billion drams. ($1- 476.74 drams). -0--
http://arka.am/en/news/economy/textile_industry_able_to_offer_about_15_000_new_jo bs_in_armenia_company_head/#sthash.OlibGWE9.dpuf
YEREVAN, February 3. /ARKA/. If favorable conditions are created,
the textile industry can ensure a 10-15-time growth of production
and exports and at least 15,000 new jobs in Armenia, co-chairman of
the country's Union of Light Industry Employers, director of Tosp
knitwear factory Suren Bekirski said.
Bekirski said favorable conditions imply government support, cheap
loans, investments of $7-8 million with a payback period of 10 years,
tax burden easing or at least equal conditions.
If exports do not develop, Armenian companies will fail to grow and
be competitive.
According to co-chairman of Union of Light Industry Employers Hovsep
Poghosyan, the officialdom's unwillingness to perform and lack of
affordable loans and individual approach to companies are the main
problems in the sector.
Earlier, the minister of economy Karen Chshmarityan said light
industry output rose by 12% in Armenia in 10 months of 2014 to about 7
billion drams. The minister said the industry recorded growth in both
production and exports in the period. The country's exports hiked 25%
to 3 billion drams. ($1- 476.74 drams). -0--
http://arka.am/en/news/economy/textile_industry_able_to_offer_about_15_000_new_jo bs_in_armenia_company_head/#sthash.OlibGWE9.dpuf