“Armenia’s jurisdiction” newly-established fund aims to make country attractive for foreign investments
YEREVAN, DECEMBER 8, ARMENPRESS. By the decision of Armenia’s Government “Armenia’s jurisdiction” fund is being established, and the provisions of its program were approved at the Government session, reports “Armenpress”.
Minister of Economic Development and Investments Suren Karayan said the fund aims to develop the platform of respective steps which will make Armenia more attractive for foreign investments and will create incentives to direct the financial flows of foreign companies, as well as the human resources to Armenia.
“The implementation of the program will make Armenia more attractive and comfortable hub for the investment flows between the large markets”, the Minister said.
The fund board will be headed by Aram Gharibyan - Chief Adviser to the President of Armenia.
Finance Minister Vardan Aramyan, Minister of Economic Development and Investments Suren Karayan and others are board members.