Friday, August 11 2017 15:57
Naira Badalian

14 investment projects from Armenian regions have already received funding

14 investment projects from Armenian regions have already received funding

ArmInfo. As of August 10 of the 170 programs submitted to the Ministry of Territorial Administration and Development of Armenia, which is responsible for the adoption of regional investment projects, 14 are financed. Earlier, the Armenian government has discussed 108 of them, 58 approved.  As the press-service agency, at this point we have already been approved and financed 14 investment projects of Lori, Gegharkunik, Tavush, Aragatsotn, Armavir, Vayots Dzor, Kotayk region of Armenia.  Received funding for the program concerned, in particular, the development of livestock (community Ayrum, Lori region), production of canned products (Vanadzor, Lori and community Koti, Tavush region), cheeses (the city of Sevan, Gegharkunik), goat cheese (Gohtanik, Vayots Dzor) dried fruit (Yeghegnadzor, Vayots dzor), breeding chinchillas (Vardenis, Gegharkunik region), growing strawberries multiple (Ijevan, Tavush and community Aytah Armavir region), the creation of grape / peach orchards (Karakert community Armaviskoy area), and development Horticulture (Hrazdan, Kotayk), expansion of tourism opportunities GHB community, Vayots Dzor region, the creation of production of metal goods (northern communities of Ashtarak, Aragatsotn region), restart the refrigeration sector (community acyclic, Armavir).

"The process of receiving applications continues. The programs, in particular concern the scope of the processing of agricultural products, tourism, mining, construction and hydro-electric plants, livestock, creating a machine and tractor stations and the development of light industry." said the agency. Earlier, the Minister of Territorial Administration and Development of Armenia David Lokyan stated at a meeting with journalists that for further financing of the projects, a special platform was created in the Central Bank of Armenia, which began to study their economic efficiency. "Only after that, it will be possible to finance programs through the relevant banks.In addition, the business will be given the opportunity to obtain loans at lower interest rates and on preferential terms," the minister assured.


News
Gazprom Armenia returned to the leading position in the list of large  taxpayersGazprom Armenia returned to the leading position in the list of large  taxpayers
Telecommunications operators of Armenia for 9 months of 2021  increased tax payments to the state treasury by 16.3%Telecommunications operators of Armenia for 9 months of 2021  increased tax payments to the state treasury by 16.3%
PSRC Head: If the negotiations are concluded successfully, the water  tariff will be increased by only 20 drams PSRC Head: If the negotiations are concluded successfully, the water  tariff will be increased by only 20 drams 
EDB: Consumer demand recovery slows down in Armenia, further rate  hikes are possibleEDB: Consumer demand recovery slows down in Armenia, further rate  hikes are possible
Head of regulator refrains from confirming whether there will be  increase in gas and electricity tariffs in 2022Head of regulator refrains from confirming whether there will be  increase in gas and electricity tariffs in 2022
EEC intends to reach 93.6% in terms of food security by 2022EEC intends to reach 93.6% in terms of food security by 2022
Head of PSRC: Frequent power outages are not a consequence of the  post-war situationHead of PSRC: Frequent power outages are not a consequence of the  post-war situation
The USA finally determined the duties on the import of aluminum foil  from Armenia and a number of other countriesThe USA finally determined the duties on the import of aluminum foil  from Armenia and a number of other countries
 Ministry of Finance: Most of the purchases from one supplier are  carried out by the healthcare system  Ministry of Finance: Most of the purchases from one supplier are  carried out by the healthcare system 
Courts will consider complaints about violations during public  procurement auctionsCourts will consider complaints about violations during public  procurement auctions
Dmitry Volvach: Russia is investing over $ 1 billion in the Armenian  economyDmitry Volvach: Russia is investing over $ 1 billion in the Armenian  economy
Minister: Development of decentralized interregional cooperation is a  priority task of the Armenian governmentMinister: Development of decentralized interregional cooperation is a  priority task of the Armenian government
Is it realistic to maintain the current gas price? Deputy Prime  Minister of Armenia explained Is it realistic to maintain the current gas price? Deputy Prime  Minister of Armenia explained 
RA Economy Minister discussed Armenia`s investment potential with  U.S. Ambassador RA Economy Minister discussed Armenia`s investment potential with  U.S. Ambassador 
Armenia and Russia have developed common approaches to attracting  investmentArmenia and Russia have developed common approaches to attracting  investment
32nd energy charter conference ministerial meeting to be held in  Yerevan32nd energy charter conference ministerial meeting to be held in  Yerevan
Veronika Nikishina: REC Group is interested in close cooperation  with Armenia in a wide range of integration projectsVeronika Nikishina: REC Group is interested in close cooperation  with Armenia in a wide range of integration projects
For 9 months of 2021, public debt of Armenia increased by $ 1.069  billionFor 9 months of 2021, public debt of Armenia increased by $ 1.069  billion
Joint Project of HSBC Group and Orran Benevolent Organisation Supports 200 Young People in Regions to Get Jobs and Start their BusinessJoint Project of HSBC Group and Orran Benevolent Organisation Supports 200 Young People in Regions to Get Jobs and Start their Business
Armenian NPP connected to RA unified power grid since October 17Armenian NPP connected to RA unified power grid since October 17
Leadership of SRC of Armenia will be sent to MoscowLeadership of SRC of Armenia will be sent to Moscow
Russia`s trade representative: Armenian market is traditionally attractive for RussiaRussia`s trade representative: Armenian market is traditionally attractive for Russia
5th meeting of Armenian-Czech Intergovernmental Commission on  Economic Cooperation held in Yerevan5th meeting of Armenian-Czech Intergovernmental Commission on  Economic Cooperation held in Yerevan
Make payments via Idram in online stores, get free delivery or a cashback and take part in the drawMake payments via Idram in online stores, get free delivery or a cashback and take part in the draw
Interest rates on loans and deposits have grownInterest rates on loans and deposits have grown
In Moscow, Suren Papikyan discussed issues related to In Moscow, Suren Papikyan discussed issues related to "North-South  Power Corridor" and construction of a new nuclear power unit in  Armenia 
Armenian Minister of Economy received Deputy Minister of Industry and  Trade of Czech RepublicArmenian Minister of Economy received Deputy Minister of Industry and  Trade of Czech Republic
Issue of feasibility of creating institution of business ombudsman is  being discussed at RA Economy Ministry Issue of feasibility of creating institution of business ombudsman is  being discussed at RA Economy Ministry 
Armenia is ready to cooperate in developing common approach to  protect EAEU internal market in case of pressure from third partiesArmenia is ready to cooperate in developing common approach to  protect EAEU internal market in case of pressure from third parties
Armenian government approves draft decision on increasing ANIF  authorized capitalArmenian government approves draft decision on increasing ANIF  authorized capital
Pashinyan: Formation of the common energy market of the EAEU is a  prerequisite for the full realization of the potential of economic  integrationPashinyan: Formation of the common energy market of the EAEU is a  prerequisite for the full realization of the potential of economic  integration
Official supplier of furniture for shops of number of world brands  and a pharmaceutical company received tax incentive from RA  Government Official supplier of furniture for shops of number of world brands  and a pharmaceutical company received tax incentive from RA  Government 
Water users will be reimbursed for rent for irrigation water for a  period of 5 years in the event of the introduction of drip irrigation  systems on an area of up to 3 hectaresWater users will be reimbursed for rent for irrigation water for a  period of 5 years in the event of the introduction of drip irrigation  systems on an area of up to 3 hectares
RA Minister of Economy did not rule out that Standard & Poor`s would assign credit rating to RA Minister of Economy did not rule out that Standard & Poor`s would assign credit rating to "Export Insurance Agency of Armenia" CJSC
S&P Improved the Outlook on Ameriabank to Positive S&P Improved the Outlook on Ameriabank to Positive 
S&P improves forecast for 2021 on Real GDP Growth in Armenia to 6.3%S&P improves forecast for 2021 on Real GDP Growth in Armenia to 6.3%
Expert: Building a 600 MW reactor would be the most appropriate  option for ArmeniaExpert: Building a 600 MW reactor would be the most appropriate  option for Armenia
Expert: It is reasonable to use stock exchanges for the formation of  market-based gas prices Expert: It is reasonable to use stock exchanges for the formation of  market-based gas prices 
Head of Ministry of Territorial Administration got acquainted with  work of  Agarak Copper-Molybdenum CombineHead of Ministry of Territorial Administration got acquainted with  work of  Agarak Copper-Molybdenum Combine
IMF stands ready to assist Government of Armenia in implementing its  ambitious reform agendaIMF stands ready to assist Government of Armenia in implementing its  ambitious reform agenda
Standard & Poor`s assigns sovereign rating to Armenia for the first  timeStandard & Poor`s assigns sovereign rating to Armenia for the first  time
Global Finance Names Ameriabank the Safest Bank in ArmeniaGlobal Finance Names Ameriabank the Safest Bank in Armenia
Revenue of the trade sector of Armenia for 8 months of 2021 exceeded  $ 4 billionRevenue of the trade sector of Armenia for 8 months of 2021 exceeded  $ 4 billion
Armenia will allocate more for military spending in 2022 than in  2021, but less than for servicing and paying off government debtArmenia will allocate more for military spending in 2022 than in  2021, but less than for servicing and paying off government debt
Armenia and Poland intend to intensify cooperation between startups  of two countriesArmenia and Poland intend to intensify cooperation between startups  of two countries
Global Finance names AraratBank the Best Sub-Custodian Bank in ArmeniaGlobal Finance names AraratBank the Best Sub-Custodian Bank in Armenia
Armenian government delegation to take part in Russian Energy WeekArmenian government delegation to take part in Russian Energy Week
Armenia participates in Europe`s largest trade fair for food within  EU4Business initiativeArmenia participates in Europe`s largest trade fair for food within  EU4Business initiative
Ambassador: Sweden welcomes the readiness of the Armenian government  to carry out systemic reformsAmbassador: Sweden welcomes the readiness of the Armenian government  to carry out systemic reforms
Gnel Sanosyan and Kishan Dan Dewal discussed the North-South  investment program and the possibilities of the Iranian port of  ChabaharGnel Sanosyan and Kishan Dan Dewal discussed the North-South  investment program and the possibilities of the Iranian port of  Chabahar
EIB stands ready to support the efforts of the Armenian government to  improve the business environmentEIB stands ready to support the efforts of the Armenian government to  improve the business environment
Minister of Economy took part in opening of PanArmenian Expo 2021  12th International Exhibition- ForumMinister of Economy took part in opening of PanArmenian Expo 2021  12th International Exhibition- Forum
Ambassador: Economic cooperation between Armenia and Slovenia does  not correspond to the existing potentialAmbassador: Economic cooperation between Armenia and Slovenia does  not correspond to the existing potential
Draft state budget: In 2022, Armenia will increase its national debt  by another $ 1.053 billion - to about $ 10.2 billionDraft state budget: In 2022, Armenia will increase its national debt  by another $ 1.053 billion - to about $ 10.2 billion
ANIF starts cooperation with Italian Intesa Sanpaolo group ANIF starts cooperation with Italian Intesa Sanpaolo group 
Tigran Khachatryan and Carolin Geginat discussed prospects of  cooperation between  RA Government and World BankTigran Khachatryan and Carolin Geginat discussed prospects of  cooperation between  RA Government and World Bank
Production of brandy became leader in terms of volume in Armenia`s  alcoholic industry, and whiskey production is leader in terms of  growth ratesProduction of brandy became leader in terms of volume in Armenia`s  alcoholic industry, and whiskey production is leader in terms of  growth rates
Freight and passenger transportation reaches double-digit growth  in ArmeniaFreight and passenger transportation reaches double-digit growth  in Armenia
Telecommunications revenue in Armenia increased by 4.8% in 8 months  of 2021Telecommunications revenue in Armenia increased by 4.8% in 8 months  of 2021
Head of Central Bank of Armenia met with President of Council of  Ministers of ItalyHead of Central Bank of Armenia met with President of Council of  Ministers of Italy
Read more


Exchange rates
20.10.2021
RUB6.71-0.03
USD476.55-0.79
EUR553.94-2.88
GBP656.26-3.04
CAD385.90-1.58
JPY41.63-0.21
CNY74.380.15
CHF515.80-3.78