ArmInfo. On November 15, Prime Minister of Armenia, Nikol held a consultation during which a report on the activities of the State Interest Fund of Armenia (ANIF) was presented, and further steps of the fund were discussed.
According to the press service of the Prime Minister of Armenia, Pashinyan was informed about the budget and expenses of the Fund, attracting investments, fulfilling strategic tasks, steps aimed at implementing specific investment programs.
Work with investors on the implementation of specific programs in the areas of renewable energy, construction, light industry, food industry, agriculture, healthcare and other fields, as well as steps to raise funds were presented. It was reported that an agreement was reached with the Russian Fund for Direct Investments on the creation of a joint fund, and the process of registering ANIF representative offices in Abu Dhabi, Moscow and Paris has already begun. The Prime Minister noted the importance of the fund's effective activities in the above areas and noted the importance of attracting professional investors to Armenia. To recall, in April 2019, the Armenian government decided to establish the "State Interest Fund of Armenia" CJSC. According to the justification, the purpose of creating such a fund is to support the development of the Armenian economy by attracting investments, including foreign ones. The company through full and comprehensive consultation and support will contribute to increasing the flow of investments in the RA, developing the potential of the Armenian economy and introducing the results of scientific and technological development in various sectors of the economy, improving the business environment in Armenia and creating and improving favorable conditions for the business sector by offering and implementation of industry programs.