Armenia’s prime minister voiced the country’s intention for boosting the investments policies 2018, considering the period the most favorable for attracting foreign businesses and entrepreneurs.
In an interview with RIA Novosti, Karen Karpaetyan elaborated also on the government plans for making the businesss atmosphere more investment friendly, and the projects expected to attract Russian companies (as part of a road map proposed by the Investors Club of Armenia).
The premier further addressed a recently announced energy investment project worth over $1 billion (to be implemented under the joint funding of Tashir Group and the Electric Networks of Armenia) and major infrastructure programs, including the North-South highway construction and the development of a residential and hotel district in capital Yerrevan. He also spoke of the Gyumri development plan, particularly the renovation of the historical-architectural reserve in the second largest city.
“Organic and greenhouse agriculture is becoming increasingly widespread in Armenia against the high demand for the produce. Armenia enjoys a worldwide reputation in the re-procession and conservation of fruit and vegetable, and production of dried fruit and juices. Also, the water and alcoholic beverages here serve as unique kind of visiting card,” Karapetyan added.
The premier said they expect the outcomes to be visible only in the course of time to open up a new phase of socio-economic reforms and “solidify Armenia’s image on the international arena as a country fit for living, having a rest and doing business.”
“Making the country maximum business-friendly is among our key objectives; therefore I can give my assurances that this period of time is the best for doing business in Armenia,” he added.