ArmInfo."Arpimed" LLC will invest about 3.1 billion drams in the construction of a new plant for the production of medicines in the Balahovit community of the Kotayk region of Armenia. On October 14, the RA government satisfied the company's application for exemption from import customs duties on imported technological equipment, their components and components for them, raw materials and materials imported within the framework of the investment program implemented in the priority area.
Thus, according to the substantiation certificate to the document, the company has already invested about 1.6 billion drams, and another 1.5 billion drams will be spent on construction work and the purchase of new equipment. As a result, 48 new jobs will be created with an average monthly salary of 212 thousand drams. The value of goods for which the privilege is granted is 599 million drams. The exemption from customs duties is 30 million drams.
The government also approved the request of Nor Projects LLC. The equipment imported under the investment program will be used in the production of furniture for shops. The company is the official supplier of furniture for stores of such world brands as Carpisa, Geox and Henderson in the EU, CIS, Middle East and Asian countries.
Capital investments in the amount of 235 million drams have already been made, as a result of which a furniture shop equipped with the necessary modern equipment and 70 jobs with an average salary of 318 thousand drams have been created.
Within the framework of the investment program, the volume of planned investments for the purchase of equipment will amount to 100mln AMD. 50 new jobs will be created with an average salary of 482 thousand drams. 80% or more of manufactured products will be exported to the EU, EAEU and other countries. The cost of goods for which the privilege is provided is 22.9 million drams. The exemption from customs duties is 1.8 million drams.
