ArmInfo. The ArmFilter Armenian-German JV is investing 33.1 million drams in production. At its May 2 sitting, the RA government approved the company's investment program, which provides for exemption from customs duties on imported equipment and raw materials.
As noted in the certificate - the rationale for the draft decision, the company will be engaged in the production of industrial filters and filter elements. "The availability of benefits will be a major help for the implementation of investment programs, the formation of new jobs and an increase in export volumes," the source said.
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