ArmInfo.The Chinese company is going to New Yida LLC (a subsidiary of the Yida Group) for 18 months plans to invest $ 5 million This was announced by Minister of Territorial Administration and Development Suren Papikyan on May 23 at a government meeting.
Within the framework of the investment project, the RA government approved the decision to alienate a land plot of 2.7 hectares by direct sale. By According to the Minister, the company has already acquired land for the construction of a plant in the city of Stepanavan, Lori Region, with an area of 1.3 hectares. The purchase of a land plot of 2.7 hectares, as Papikian indicated, will ensure the full implementation of the project. As expected for 5 years, from 20 to 50 people will be employed in the company for the production and bottling of mineral water.
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