"HELLO" LLC, operating in the field of light industry, invests 106 million AMD in production

ArmInfo. The Armenian government  approved the application of HELLO LLC for exemption from import  customs duty for the import of technological equipment, their  components, raw materials and materials. The resolution on this was  approved at a government meeting on March 1.

According to the Minister of Economic Development and Investments of  Armenia Suren Karayan, the company, which carries out activities in  the field of light industry, plans to invest about 106 million drams  within the framework of the investment program.

According to official statistics, the volume of Armenia's industrial  production in January 2018 by the same period of 2017 increased by  13.9% (against growth of 12.2% a year earlier), making 128.3 billion  drams ($ 265.8 million). At the same time, significant growth was  recorded in the production of other non-metallic mineral products  (4.3 times), machinery equipment (4 times), chemical products (2.6  times), furniture (2.5 times), clothing (2, 3 times).