"ECONOMY AND VALUES" STUDIES PROSPECTS OF ATTRACTING BIG TRANSNATIONAL CORPORATIONS TO ARMENIA

Noyan Tapan
May 22 2007

YEREVAN, MAY 22, NOYAN TAPAN. The Economy and Values research center
on development and analysis of economic development strategies is
currently studying the prospects of attracting big transnational
corporations to Armenia. The center director Manuk Hergnian told NT
correspondent that the purpose of the study is to find out what factors
make the given country attractive for a transnational corporation when
it takes decisions on making foreign direct investments. In particular,
is the availability of various components of the national innovation
system such as human capital, scientific and technical infrastructures,
incentives, etc. taken into account?

According to M. Hergnian, the study will also allow to determine which
transnational corporations may view Armenia as a possible place for
making investments.

The results of the study will be published in October.

To recap, the Economy and Values is a partner of the World Economic
Forum and takes part in preparation of the World Competitiveness
reports.