IT IS ENVISAGED PASSING ARMAUTOSTATION TO ANOTHER COMPANY FOR CONCESSIONARY OR TRUST MANAGEMENT
NOYAN TAPAN
December 21, 2009
YEREVAN
YEREVAN, DECEMBER 21, NOYAN TAPAN. The RA Ministry of Transport
and Communication is now prepaing a concept to pass Armautostation
company to another company for concessionary or trust management,
minister Gurgen Sargsyan announced on December 21.
He said that the ministry initiated the process of passing
Armautostation CJSC for concessionary management as early as 2008. "We
decided that this company should be given to some other company for
management rather than be privatized. The issue of whether it will
be concessionary or trust management is still under discussion," G.
Sargsyan said.
In his words, a similar company was privatized in Georgia and now it
no longer exists, whereas in several countries, such companies are
either state-run or have been given to other companies for management.
From: Emil Lazarian | Ararat NewsPress