Effective promotion of light industry in Armenia may create up to 50,000 new jobs

Effective promotion of light industry in Armenia may create up to 50,000 new jobs

YEREVAN, February 6. /ARKA/. Successful implementation of light industry fostering strategy in Armenia may create from 15,000 to 50,000 new jobs within one decade, Hovsep Poghosyan, co-chair of the Union of Light Industry Employers of Armenia, said Thursday at a news conference. 

“Armenia's strategies of fostering shoe and textile industries imply creation of 15,000 new jobs, but in the event of success, this figure can be tripled,” he said. 

The Union of Light Industry Employers of Armenia signed with the government a memorandum yesterday for implementation of the light industry promotion strategy. 

However, Poghosyan said there is still plenty to do before the achievement of this goal – it is necessary to make some legislative changes to ensure favorable environment to the light industry and to solve the raw skin export problem.   

«Our law should prevent the export of raw skins to provide our domestic shoe industry with cheap raw skins,» he said. 

Poghosyan also pointed out the necessity of training specialists to form equal conditions for domestic manufacturers and importers and to use the capacity of Armenian communities overseas. 

Suren Bekirsky, the other co-chair of the Union of Light Industry Employers of Armenia, on his side, said that the strategy implies the government and the private sector's joint efforts for development of the country's light industry.  


He said that the list of the steps was ready and expressed hope that the document wouldn't be shelved all the plans would be put into reality. 

«As a businessman, I say that regardless of whether this strategy will work or not we will continue our activity, since we believe in viability of this industry, and 2013 and 2014 figures prove it,» he said. 

The three-year program of fostering the mentioned industries needs $2.5-million investment from the government. -0--- 

17:47 06.02.2014

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