YEREVAN. – At Thursday’s Cabinet session, the government made a decision to establish the State Interest Fund of Armenia closed joint-stock company.
The Minister of Economic Development and Investments, Tigran Khachatryan, presented the matter and noted that the objective of this fund will be to assist in the implementation of foreign investments in Armenia. In his words, this organization will probably assist in investments exceeding $10 million.
The objective of establishing the State Interest Fund of Armenia is to assist in the country’s economic development through attracting investments, especially foreign investments.
