Chaired by Prime Minister Nikol Pashinyan, a meeting was held in the Government to discuss investment policy-related issues. The meeting was attended by heads and representatives of interested government departments.

The Prime Minister advised that for a while now the State Control Service has been looking into the quality of government’s responsiveness to investment proposals, and today’s meeting was meant to discuss and develop incentives for boosting investment. “I think that this topic will be even more important in the post-coronavirus period, and we must be sure that we can analyze and process all reasonable investment proposals that should help us overcome the inevitable economic crisis,” Nikol Pashinyan said.

The meeting discussed existing problems and solutions in the context of analyzing the findings of the aforementioned study. Reference was made to the projects underway in the fields of construction, tourism infrastructure, state property management, monument protection and a number of other areas. The responsible officials provided detailed information on the process of their implementation. Issues related to investment project standards, effective mechanisms for their approval and the tender process were discussed.

The Prime Minister noted that the Government seeks to ensure fast, clear and high-quality organization of procedures aimed at developing a business-friendly investment policy and fostering active interaction between the state and investors, as well as supporting potential investors. For this, it is necessary to filter out investment proposals, identify the feasible projects and respond to them as quickly as possible.

The Premier told those in charge to finalize the proposals voiced during the exchange of views and submit them for further discussion.