NEW WORK METHODOLOGY MEANT TO BOOST PERFORMANCE AT THE ARMENIAN DEVELOPMENT AGENCY

gov.am
March 4 2010
Armenia

The Board of "Armenian Development Agency" CJSC met at the office
of Government, presided by Board Chairman, RA Prime Minister Tigran
Sargsyan.

Among other agenda items, the meeting has discussed the concept of
ADA reform.

ADA Director General Robert Harutunyan reported on his agency’s
activities for 2009. In the period under review, the agency was said
to have designed a number of programs, sought potential investors
and conducted talks with them, extended informational and technical
assistance, as well as serviced investors.

The meeting endorsed a program of action for 2010 under which a set
of important projects will be carried out to boost exports and attract
investors into target spheres.

Concerning ADA’s overall performance, the Prime Minister noted that
despite progress, the Agency has to be more active and goal-oriented
in its endeavors, guided by clear-cut objectives and criteria aimed at
having measurable work outcome. According to the head of government,
new methodology needs to be developed in order to achieve enhanced
efficiency of activities. The role of the institute of representatives
was emphasized from the perspective of information outreach and
sharing, market study and search of investors. In this respect, Tigran
Sargsyan suggested cooperating more closely with Armenian embassies and
diplomatic missions abroad through the Ministry for Foreign Affairs.

The meeting approved the estimated budget of the 2010 ADA program
of effective economic activities and support for implementation of
actions of assistance.