Wednesday, March 20 2019 18:47
Alina Hovhannisyan

Minister: There are no corresponding infrastructures for the  implementation of large investment projects in Armenian communities

Minister: There are no corresponding infrastructures for the  implementation of large investment projects in Armenian communities

ArmInfo.There are no corresponding infrastructures for the implementation of large  investment projects in the Armenian communities. 

The Minister of Territorial Administration and Development of the  Republic of Armenia Suren Papikyan stated this on March 20 during a  press conference.In this vein, he said that according to the results  of the business forum held in the Lori region, it is planned to  implement a major investment program, the launch of which is being  delayed due to the presence of problems.

 <The place has not yet been determined, since the implementation of  the project provides for an area of 30- 40 hectares, which should be  located near the highway, should not have problems with water supply,  electricity, gasification. But, unfortunately, in Armenia there are  still serious problems related to the underdevelopment of  infrastructures, "the minister said. In continuation of the above, he  noted that the government is of the opinion that in order to  implement such programs, the Armenian side should be ready to provide  the necessary conditions for the investor, regardless of the level of  cost, since the launch of large projects will provide hundreds,  thousands of jobs.

Nevertheless, Papikyan said that over 50 investment projects in  various sectors of the economy, particularly in the sphere of  tourism, agriculture, industry, production, etc. were presented at  the business forum in Lori region. According to the minister,  investors took part in the forum from around the world, including  representatives of the Diaspora. In this vein, Papikyan said that  according to the results of the event, the Chinese company in s.  Katnakhpyur of the enlarged community Stepanavan plans to invest $ 5  million to create a water production plant.According to the minister,  holding such business forums will be long lasting in Armenia: "I more  than hope that we will be able to register similar results, which  were recorded in Lori marz, as a result of business forums in other  regions of Armenia". 

In this context, he noted that the next forum was to be held in  Syunik. The regional administration, according to the head of the  department, planned to hold an event in the territory adjacent to the  Tatevsky monastery, but the climatic conditions - the predicted  cooling - prevented this, since the forum is held in a tent format.  Thus, the event in Syunik was postponed to May, and in the near  future the forum will be held in Ararat and Armavir regions. In  conclusion, Papikyan stressed: "The background that exists today in  Armenia from the point of view of investment interest, in particular,  the number of people willing to invest in the country's economy, says  that 2019 will be the key and most important stage of the economic  revolution that we announced" . 

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