The United Nations Development Programme (UNDP) in Armenia and the National Competitiveness Foundation of Armenia (NCFA), within the scope of their mandate and mission, largely contribute to the sustainable development and enhancement of national competitiveness in Armenia. 

In January 2012, UNDP and NCFA jointly elaborated a four-year community development program for Tatev rural communities, Syunik region. The program is comprised of thirteen sub-projects, focusing on community and tourism infrastructure development, and income generation.

Today, Dafina Gercheva, UN Resident Coordinator/UNDP Resident Representative in Armenia, and Arman Khachaturyan, NCFA Chief Executive Officer, signed a Memorandum of Agreement to unite efforts to attract investments for the implementation of community development and investment projects in Tatev and surrounding rural communities.

“We hope that this will be yet another successful undertaking, which could be further scaled up in the future covering all the communities of Tatev and can alleviate regional disparities and contribute to tourism development in Syunik region,” said Dafina Gercheva.  

In turn, Arman Khachaturyan, CEO of NCFA emphasized the importance of the agreement in the framework of public-private partnership. “This event is a step forward to something more significant. We are committed to our future to direct our efforts towards the preservation of Armenian heritage and spiritual values, as well as development of our tourism infrastructures based on public and private participation framework and instruments thereof”.

UNDP and NCFA plan to organize a fundraising event to attract investments from the international organizations, representatives of private and public sectors and other stakeholders.