Consolidating Licensing Law

Attached Document: 
Document Type: 
PDF
Date: 
May 10, 2007

In response to a decrease in grants and foreign investment in the construction sector, Armenia undertook to reform the licensing and permits processes that were viewed as a hindrance to business. The reform, undertaken with little donor assistance or funding, is credited with a significant increase in the number of licensing and permits awarded, as well as an improvement in the Doing Business rankings.