Armenia is the smallest country in the Caucasus region with area of 29,800 square kilometers and with the population of about 3mln people. But above 6mln Armenians live abroad (Diaspora), mainly in Russia and USA, therefore the Diaspora has an immense contribution in the economic development of Armenia.
As per the estimated per-capita GDP of US$ 3,780 (GNI, 2014), Armenia is a lower middle-income country. One of the key sectors of Armenia's economy is the Mining Sector, which is also considered one of the fastest growing exporting sectors during the recent years. The Information and Communication Technology (ICT) sector is one of the most productive in Armenia and the Government of Armenia declared the ICT sector as one of the development priorities for the Armenia's economy. But still Agriculture is the main sector of Armenian economy, and in 2013 the share of agriculture was 19.3% of the GDP, while the share of agriculture and food processing was nearly 25% of the GDP. While the contribution of agriculture in economic growth is essential, the capital Yerevan accounts for about 60% of Armenia's total GDP economic development with the huge gap between the regions of the country. It is necessary to develop industry and increase incomes in rural areas, accordingly.
Aiming at achieving the balanced and sustainable economic growth, JICA is providing the on-going assistance in the priority areas of cooperation with Armenia, which are as follows
1) Improving basic infrastructure and developing managing capacity; 2) Promoting small and medium-sized enterprises and sustainable regional development with the use of regional resources; and 3) Strengthening measures for disaster prevention.
|October 10, 2018||Record of Discussions (R/D) on "The Project for the Improvement of Crisis Communication and Public Awarness for Disaster Risk Reducation" was signed between Japan International Cooperation Agency (JICA) and the Ministry of Emergancy Situations (MES) of the Republic of Armenia|
|February 27, 2018||Grant Agreement signed between JICA and The Government of the Republic of Armenia|
|February 22, 2018||JICA in the News|
|February 21, 2018||JICA in the News, Unique possibility to get acquainted with Japanese experience: Museums and community development, Уникальная возможность познакомиться с японским опытом: "Музеи и развитие общества"|
|January 24, 2018||Topics & Events, ИЗУЧЕНИЕ ЯПОНСКОГО ОПЫТА В СФЕРЕ ИНТЕГРИРОВАННОГО СЕЛЬСКОГО ХОЗЯЙСТВА И РАЗВИТИЯ СЕЛЬСКИХ РАЙОНОВ ПОСРЕДСТВОМ УЧАСТИЯ МЕСТНЫХ ФЕРМЕРОВ|
|September 13, 2021||Support through JICA-funded “LEAP” (Private Sector Investment Finance-PSIF): The first loan to expand electricity services to provinces in Armenia|
The JICA Uzbekistan Office oversees JICA's work in Armenia.