During the meeting on April 18, the Armenian government approved a series of incentives for the implementation of five investment programs aimed at creating new jobs and promoting industrial development.
According to the government meeting, these measures will provide employment opportunities for over 800 people in various regions of the country.
The following companies engaged in the production of cables and wires, various paper products, chocolate and dried fruits, meat products, and furniture have benefited from the incentives provided in the investment program by exemption from import customs duties.
The total investment volume for these five projects amounts to about 33 billion Armenian drams (approximately $90 million).
