ARMENIAN INVESTMENT PROMOTION AGENCY AMONG TOP FIVE

YEREVAN, MARCH 31, NOYAN TAPAN. The World Association of Investment
Promotion Agencies (WAIPA) and the Worl Bank Multilateral Investment
Guaranteeing Agency (MIGA) have included the Investment Promotion
Agency of Armenia among the top five agencies that provide information
to investors. According to the Armenian Developent Agency (ADA),
114 agencies of developed and transitional countries have been
studied. Besides Armenia, Columbia, Nicaragua, Senegal and South Africa
are among the top five. The above mentioned countries received their
awards on March 7-8 in Geneva. The main three directions: quality
of the Internet site of the agency, accessibilty of information and
the staff responses to invsetment bids were taken into account when
studying the activities of the agencies.