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Official News

Friday, 16 January 2009

The Armenian Development Agency CJSC Council met at the Office of Government, chaired by council head, RA Prime Minister Tigran Sargsyan.

The council discussed and approved the ADA action plan for 2009. In presenting the action plan, ADA General Executive Director Robert Harutunyan noted that based on the previous meeting’s assignments, the character of the projected actions was revised and the plan now incorporates such specific actions as have clear objectives and targets, as well as persons responsible for implementation. The proposed document comprises interesting investment proposals which are to be finalized subsequently. According to him, these actions will boost investments and exports, improve the business and investment environment. They are also aimed at upgrading and further developing the IT sector in Armenia.

Under the action plan, exports will be stimulated by assisting export-biased enterprises with the development and implementation of development-oriented and marketing projects, drafting and execution of new export-related projects, as well as by means of studies carried out on domestic and foreign market demands and enterprises.

As presented by the ADA General Executive Director, Armenia’s IT sector will be upgraded through continued efforts exercised within the domestic business and IT communities inclusive of the working groups in order to identify the existing barriers, estimate the possibilities for their removal and formulate corresponding proposals. All this will be discussed within the Business Support and IT Development councils.

In conclusion, the meeting discussed and approved the ADA estimate of expenditures for 2009.

August 2020