Friday, July 28 2017 09:21
Alexandr Avanesov

In the first half of 2017, Development Fund of Armenia managed to implement programs for the whole year

In the first half of 2017, Development Fund of Armenia managed to implement programs for the whole year

ArmInfo. In the first half of 2017, the Development Fund of Armenia managed to implement the programs envisaged for the whole year. The Executive Director of the Fund Armen Avagyan told Karen Karapetyan, the RA Prime Minister, about this.

According to the press service of the Armenian government, Armen Avagyan noted that over the past period of time, the Fund concluded export contracts worth 3.3 billion AMD. At present negotiations are continuing on concluding another 20-25 contracts for the amount of 800-850 million. Conducted in Abu Dhabi, Rome and Yerevan business forums completion of the achievement of 15 specific investment initiatives. Thus, it is planned to invest 10 million EUR in the development of information technology, another $ 2 million will be spent on the organization of production of medical equipment. Investments will be carried out in the spheres of energy and agriculture. In the Arab countries, the supply of environmentally friendly foodstuffs began, in the process is the issue of the necessary registration for the export of medicines.

In turn, the heads of grant programs, marketing and investment services presented to the Prime Minister the programs to be implemented in the near future. The head of the Armenian government pointed to the importance of the programs implemented by the Fund, emphasizing the need to clarify specific expectations from their implementation.

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