Armenian Government Receives 70 Bids Of Business Plans With Aim Of O

ARMENIAN GOVERNMENT RECEIVES 70 BIDS OF BUSINESS PLANS WITH AIM OF OVERCOMING GLOBAL FINANCIAL CRISIS

Noyan Tapan

Jan 15, 2009

YEREVAN, JANUARY 15, NOYAN TAPAN. With the aim of overcoming the
global financial crisis, 70 bids of business plans have been received
in response to the Armenian government’s proposal. The Armenian
prime minister Tigran Satgsyan said at the January 15 sitting of the
government that some of the bids have been accepted for amendment,
while others have been rejected. The plans of interest to the
government are currently being discussed.

In his words, the major stress will be laid on replacement of import
by strengthening the capacities of local producers with export
orientation.

The prime minister said that the RA ministry of economy has been
instructed to discuss the policy on Armenian industry, by its
branches. Discussions of problems related to the development of
chemical and food industries will start next week.

It was mentioned there is a shortage of project managers in the
country, and for that reason many ideas are not realized.

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