Thursday, May 11 2017 15:05
Naira Badalian

Armenia to conduct an inventory of previously announced investments

Armenia to conduct an inventory of previously announced investments

ArmInfo. The inventory of implemented investments and compulsory agricultural entities is necessary in Armenia. SEC Chairman Vardan Harutyunyan expressed such opinion during press-conference on May 11 in Yerevan. 

He said that very often various agricultural entities purchasing property and taking obligation to conduct investments, later declare about hundreds of millions of investments receiving certain tax credits. However, in reality, those investment do not exceed 1-2 million. "I consider this issue very urgent, we have not done this before, but we must," Vardan Harutyunyan said, promising to be extremely consistent in this matter.

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