Vazgen Safaryan: industry should become priority sector of Armenian economy

Vazgen Safaryan: industry should become priority sector of Armenian economy

PanARMENIAN.Net - 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.

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