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Vazgen Safaryan: Industry Should Become Priority Sector Of Armenian

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  • Vazgen Safaryan: Industry Should Become Priority Sector Of Armenian

    VAZGEN SAFARYAN: INDUSTRY SHOULD BECOME PRIORITY SECTOR OF ARMENIAN ECONOMY

    PanARMENIAN.Net
    December 23, 2010 - 19:17 AMT 15:17 GMT

    In 2010, the share of industry in Armenia's GDP comprised 23,5%,
    the head of the Armenian Union of Local Manufacturers Vazgen Safaryan
    stated.

    "In January-November 2010, AMD 734 billion worth of goods were
    manufactured, food products grossing 50% of the figure," the head of
    the Union told a news conference in Yerevan.

    As he noted, 6,6% growth of GDP was observed based on 2010 results;
    4,6% increase is expected next year.

    In conclusion, Safaryan emphasized the importance of including the
    industry in priority sectors of Armenian economy.




    From: A. Papazian
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