On April 26, RA Acting Deputy Prime Minister Tigran Avinyan participated in ‘Investment Attraction, Service and Support: Results and Vision’ event, initiated by the Enterprise Armenia Foundation.
As Chairman of the Board of Trustees of the Foundation, the Acting Deputy Prime Minister delivered a welcoming speech congratulating Enterprise Armenia on the rebranding. Avinyan noted that the 2020 has been a difficult year for Armenia, and the role of the Enterprise Armenia Foundation as a national investment promotion and support structure should help to neutralize those consequences. He added that in the recent three years, the Armenian government has clearly rejected and ruled out any discrimination in the issue of investors and business, ensuring equal conditions for all.
According to the Acting Deputy Prime Minister, the RA Government will significantly change the existing procedures through public administration reforms, which complicate the life of business. The digitalization agenda should also help improve the investment climate. Considering the activation of economic diplomacy as a priority, he assigned to Enterprise Armenia a key role, which should make the agreements reached at the political level a reality.
Avinyan noted that Enterprise Armenia does not predetermine the investment climate in Armenia, but the continuity of the investment depends on its activity. Hence, Enterprise Armenia’s ensuring effective communication between the investor and the public sector is an essential condition for the success of foreign investments.
During the event, the General Director of the Foundation Levon Ohanesyan presented the structure and mission of the Enterprise Armenia Foundation. In his speech, he referred to the main directions and goals of the foundation. Aram Vardanyan, Director of Investments of the Fund, acquainted the participants with the work done to support investments, the results, presenting the work done by the international donor organizations of the Fund to attract new investors.
During the event, a new investor post-investment service introduced by the fund was presented. In the context of making the fund’s work more effective and developing new directions, the introduction of a network of institutional development abroad and a fund of representatives of the fund as an additional tool for attracting investments was discussed.
