30.05.2018

Development and Investments Corporation of Armenia

Today, May 30, Executive Director Arthur Badalyan and high-level management of Development and Investments Corporation of Armenia met with Giuseppe E. Gramigna, member of advisory mission team of World Bank.

During the meeting there was represented information about DICA’s activity, legislative field and the significance in the financial market of Armenian economy.

The management of the organization highly appreciated the role of the World Bank’s advisory mission team. The result of joint discussions is finding right ways in financial market and stimulation of targeted sectors of the economy.

According to Giuseppe E. Gramigna, after studying the DICA’s independent auditor’s  report on statement of financial results 2017, the team found it exemplary for other similar organizations.

Sides discussed also issues related to the process of attracting investments.