ARMENIAN GOVERNMENT PROPOSES MAKING AMENDMENTS AND ADDENDA TO STATE PROPERTY PRIVATIZATION 2006-2007 PROGRAM

Noyan Tapan
http://www.nt.am?shownews=1010120
Dec 1, 2008

YEREVAN, DECEMBER 1, NOYAN TAPAN. On December 1, the RA National
Assembly in second reading discussed a bill authored by the government,
which envisaged making amendments and addenda to the valid law On
State Property Privatization 2006-2007 Program.

According to the main reporter Karine Kirakosian, the head of the
State Property Management Department attached to the government, it is
proposed that in addition, 5 companies and Armimpexbank CJSC's state
shares, 2.35 percents be included in the privatization list. 3 out
of 5 companies to be included in the list in addition, Martuni Dental
Polyclinic, Equestrian Sport Center, Stepanavan Airport had not been
included in the first reading draft. As K. Kirakosian motivated it,
Martuni Dental Polyclinic is the only one in the country not included
in the privatization list. Stepanavan Airport has not been operating
since 2001 and is proposed for privatization for not accumulating
further debts and not becoming bankrupt. According to K. Kirakosian,
when privatizing the airport the government will be guided by the
agreement signed with Zvartnots International Airport's concessioner
not to hinder the latter's work, as there are agreements with the
concessioner that Zvartnots and Gyumri airports carry out passenger
transportations. As to the Equestrian Sport Center, it is proposed
for including in the privatization list to attract investments for
its acting in line with the international standards.