Pashinyan visited “Enterprise Armenia” funding help middle – 2024-05-25 03:25:50

by times news cr

2024-05-25 03:25:50

Prime Minister Nikol Pashinyan visited the “Enterprise Armenia” funding help middle to debate the construction’s 2023 exercise report, the federal government studies.

The message states:

Levon Ohanesyan, Common Director of “Enterprise Armenia” and representatives of the middle reported on the works carried out throughout the reporting interval.

Throughout 2023, the works carried out by “Enterprise Armenia” within the instructions of accompanying international and native traders within the course of of constructing investments, post-investment service of international traders working in Armenia, promotion of Armenia’s funding alternatives and attraction of latest international investments have been introduced to the Prime Minister.

Specifically, it was famous that greater than 410 international and Armenian traders utilized to the middle throughout 2023. Greater than 140 funding initiatives are within the works, of which 60 have been engaged in 2023 alone. Within the reporting 12 months, 24 new funding tasks have been launched with the help of the Fund, of which the amount of deliberate investments is about 800 million {dollars}. In response to officers, since 2020, for the reason that institution of the middle, a complete of 51 funding tasks have been launched with the help of the latter, the amount of which reaches 1 billion 140 million {dollars}.

The Prime Minister was keen on how and what the middle helped the traders. These in cost famous that the middle supported the answer of all administrative issues, specifically, it helped in relations with the neighborhood, implementation of experience, development allow and different points.

In response to Nikol Pashinyan’s query, does this imply that the traders didn’t cope with these points and didn’t flip to different circles? “They did not talk with different circles in any respect, we handled all the problems.”

The Prime Minister emphasised that precept and famous. “The ideology right here is that potential traders don’t come into contact with one other ring. In different phrases, the that means of that “one cease store” is to return, get a service, the middle ought to talk with at the very least 100 establishments, contact with these 100 establishments, carry out that operate.”

It was additionally reported that the middle at present offers post-investment service to 166 corporations, 51 of which began working with them final 12 months. These corporations function in excessive know-how, providers, manufacturing and different sectors. Inside the scope of this service, there are 9 reinvestment initiatives with a quantity of 43.7 million {dollars}.

Prime Minister Pashinyan emphasised the necessity to current the mandatory info for traders on one platform. “For an investor, one piece of knowledge is right here, one piece of knowledge there, one piece of knowledge within the third place, one piece of knowledge within the fourth place. That’s, if we are able to use the capabilities of the geoportal, make it obtainable, in order that the potential investor will get extra info he wants from there: what property is on the market, is there a street close by or not, are there electrical energy traces or and so on.? There needs to be a way, perhaps geospatial is the suitable place the place all that info comes and intersects with one another in order that entry will increase.”

Reference was made to the actions geared toward selling the RA funding subject, amongst which funding conferences, enterprise boards, together with overseas, have been organized.

It was reported that the brand new web site of “Enterprise Armenia” was established, the place there may be detailed info in several languages ​​concerning the prospects of constructing investments in Armenia and offering help to traders.

Nikol Pashinyan additionally referred to the legislative suggestions introduced by the middle concerning systemic issues and requested what number of of them have already develop into authorized rules.

It was famous that there are two such authorized acts. One referred to the modification to the RA Regulation on Foreigners, the opposite to the state help program “Infrastructures for Investments”. It was famous that within the initially developed undertaking, it was envisaged that the investor ought to submit a financial institution assure for the amount of your entire funding anticipated by him, the assure must be submitted connected to the appliance. In response to the brand new proposal, the investor should submit the assure after the approval of the federal government’s determination, and it have to be within the quantity of the infrastructure.

The Prime Minister additionally obtained acquainted with the work deliberate in 2024 within the route of promotion of Armenia as a rustic distinguished by its funding attractiveness, attraction of international direct investments and digitization of providers offered by the middle. It was knowledgeable that it’s deliberate to ascertain a regional funding digital map-portal, a comparative portal of socio-economic indices and rankings. A instrument to serve beneficiaries by means of the web site utilizing synthetic intelligence may even be launched.”

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