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
Disclaimer: This article was contributed and translated into English by Emil Lazarian. While we strive for quality, the views and accuracy of the content remain the responsibility of the contributor. Please verify all facts independently before reposting or citing.
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