Government awards benefits to three investment projects
The Armenian government decided today to award tax and customs benefits to three investment projects for the import of equipment and raw materials.br / br /
YEREVAN, April 12. /ARKA/. The Armenian government decided today to award tax and customs benefits to three investment projects for the import of equipment and raw materials.br
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Suren Karayan, the acting minister of economic development and investments, told a briefing that the total amount of investments will make 21.5 billion drams, which are expected to create 475 new jobs.nbsp;According to him, the investments will be channeled into wine and brandy production and in the light industry.br
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He said the light industry investment project is located in the town of Artashat. nbsp;He also noted that the government greatly facilitated the procedure and timing for the consideration of investment programs, which resulted in a three-fold increase in the number of applications from the private sector for the government benefits over the past year.br
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He said these projects indicate an economic revitalization, and there are hopes that all the steps taken by the government will keep this trend ongoing. ($ 1 - 483.72 drams) -0-br
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