Government Earmarks $1.343 Million to Develop Manufacturing

14:13, February 14, 2013

The Armenian government today earmarked 545 million AMD ($1.343
million) towards the implementation of its 2013 program to promote
domestic manufacturing.

Accordingly, 328 million of the amount will go towards attracting
noteworthy international manufacturers to Armenia, for the lending
subsidization of manufacturing services, to promote Armenian products
in target markets, for the joint financing of international
certification of Armenian made products, etc.

More than 105 million will go towards the management and coordination
of projects designed to develop manufacturing.

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