ArmInfo. "Obviously, economic activity has been observed in the last period, we hope that it will continue in the future," he said during a briefing for journalists. Minister of Economic Development and Investments of Armenia Suren Karayan.
According to the acting Minister, Armenian government on April 12 at the first meeting behind closed doors approved 3 investment programs, providing for investments of 21.5 billion AMD and creation of 475 new jobs.
Investment projects will be implemented in the production of cognac, wine and light industry. In particular, OOO "Aniteks" granted a delay of 3 years for the payment of VAT on imported goods. As part of the investment program, the company plans to manufacture textiles in the city of Artashat. For the purchase of raw materials and materials, the company will send about 8.6 billion drams. Based on the results of the program, 200 jobs will be created with an average monthly salary of 189 thousand drams for 2018-2020.
"ABC Si Textile" LLC also received a similar tax benefit from the Armenian government. The company, within the framework of the investment program, plans in the city of Artashat to establish the production of textile products. The cost of necessary raw materials and materials will make 8.2 billion AMD, as a result 175 workplaces with an average salary of 189 thousand AMD for 2018-2020 will be created.
The Armenian government also approved the application of Ararat Wine Factory LLC on exemption from import customs duty on imported technological equipment, their components and components, raw materials and materials.
According to Suren Karayan, the government has gone to simplify the procedures for approving investment programs. As a result, the minister noted that during the year the number of applications from the private sector to receive tax benefits increased three-fold. As Karayan pointed out, investments come not only from external sources, but also from the domestic market.
On the eve of the governmental hour in the National Assembly of Armenia acting. Minister of Economic Development and Investments of Armenia Suren Karayan stated that in 2017, thanks to investments in the amount of $ 495 million, 5,700 jobs were created. "In this case, we are talking about those investment projects that received additional preferences from the state. I also note that these investment projects in 2017 were to provide the creation of 7,500 jobs, but only 5,700 places were created," Karayan said. At the same time, he noted that the total volume of investments in the Armenian economy in 2017 was $ 835 million.
