We will provide 20 percent assistance to investors. Vahan Kerobyan – 2024-03-16 21:49:53

by times news cr

2024-03-16 21:49:53

Many people who build factories, hotels, make various types of investments, almost always have problems related to infrastructure, and we encourage investors with appropriate measures to make their investment instead by helping with infrastructure support, RA Economy Minister Vahan Kerobyan said during today’s government session.

“What do we offer? if any investor invests up to 500 million drams, then we are ready to provide the infrastructure he needs in the amount of 20 percent of that amount. If the amount is more than that, 10 percent of the amount exceeding 500 million.

If, for example, someone invests 1 billion drams, we are ready to provide assistance in the amount of 20 percent of 500 million and 10 percent of the other 500 million drams,” said the minister.

RA Prime Minister Nikol Pashinyan, for his part, recalled that he made such a promise back in 2019.

“We offer a partnership model and encourage investment,” he said.

The decision was made.

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