Friday, January 27 2017 12:12
Naira Badalian

Karen Karapetyan: Government will support any project capable of changing spirit and environment in Gyumri

Karen Karapetyan: Government will support any project capable of  changing spirit and environment in Gyumri

ArmInfo. On January 26, Armenian  Prime Minister Karen Karapetyan received the representatives of  Gyumri-based business entities. 

The press office of the Armenian Government reports that the Head of  Government listened to their problems and proposals for improving the  business environment. The representatives of economic entities  submitted to the Prime Minister their projects in the field of  tourism, agriculture, industrial engineering, as well as the problems  related to attracting funding, dealing with transportations,  provision of tax incentives, etc.

Stressing that the Government will be paying great attention to  Gyumri, the Premier noted that smart ideas of urban development had  to be formulated."There are many partners who want to make  investments in Armenia. But we must give them the right idea. What I  am asking you is to find healthy and marketable ideas for Gyumri.  Large businesses will hardly come to Gyumri to conduct monitoring and  probe into the market demand," Karen Karapetyan said, adding that the  Government will immediately endorse any program capable of changing  spirit, environment and providing jobs in Gyumri.

Referring to the proposals voiced by the President of the Union of  Entrepreneurs of Gyumri to provide lending facilities in order to  enhance the business environment, the Prime Minister noted as  follows: "I am unaware of any business reluctant to get cheap money.  Should it turn out that the interest rate affects the profitability  of a business program with great multiplier effect for Gyumri and the  country as a whole, we will find a way to subsidize. Nevertheless, I  believe that many business programs will not be affected by the  interest rate."

The Premier suggested finalizing the business projects for further  discussion, noting that the government is prepared to provide  consulting services using the potential of the Central Bank, the  Ministry of Economic Development and Investment, etc.

In response to the question of providing tax benefits to Gyumri-based  businesses, the Premier emphasized that regardless of the place of  business, they are prepared to discuss any reasonable proposal and,  depending on its logic and the expected results, the Government can  postpone the date of VAT payments for industry-oriented imported  goods.

"The State should create the best possible conditions, and the  Government must promote business activities on a temporary basis,  because we cannot keep supporting bad businesses," Karen Karapetyan  said.

Assuring of his readiness to discuss any reasonable proposal or  program for the development of Gyumri through different platforms,  the Premier stressed that meetings like this will be held on a  regular basis.

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