Armenia’s T&C sector to boost from UNIDO

USA: Armenian Government and the United Nations Industrial Development Organization (UNIDO) had inked an agreement worth US $ 2 million to implement the second phase of the project titled, “Improving Competitiveness of Export-Oriented Industries in Armenia through Modernization and Market Access” to boost the country’s textile, garment and leather sectors.

The three-year second phase of the project will develop the industrial linkages of the Armenian garment producers within regional value chains. It will enhance local manufacturers’ productivity and competitiveness, and promote business networking and institutional partnerships and will also foster job creation, particularly for women. UNIDO’s experts will support and provide comprehensive advisory services to the beneficiary companies in designing and marketing their products.