Alaverdi community joined Mayors for Economic Growth initiative based on the decision of the City Council of 10.07.2017. By joining the initiative the Community embarked on preparation of Local Economic Development Plan aimed at boosting economic growth, development and employment.

Economic development is among the key challenges we face. Regardless of how much we develop education and culture, sport and science, development of economy is essential for full development since it provides means for the advancement of other public sectors and infrastructures, creates jobs and contributes to well-being.

LED Plan of Alaverdi community is a document which is both a milestone for the activity of coming years and at the same time contains analyses about the community’s economic environment and various areas of community life.

This Plan is also a proposal addressed to international, donor and other organisations, businessmen, concerned individuals and legal entities for making investments in Alaverdi. Alaverdi Municipality expects that the objectives and advantages stated in the Plan will interest concerned entities and it is ready to mutually beneficial cooperation with all investors for sustainable development of Alaverdi.

During preparation of this document suggestions and remarks of various social groups of the population, businessmen, non-governmental and other organisations were taken into consideration. This Plan is the guide of our further steps and tasks and we are determined to bring them to life.