Armenia: The Armenian government will exempt Dragsman Cement from customs duties on imports. The producer will invest US$5m to build a new cement plant using imported equipment. It will invest US$3.6m in fixed assets, US$654,000 in dismantling and installation, US$130,000 in construction and US$523,000 in specialised equipment. According to local press, there will be 40 new jobs available. The customs duty exemption is valued at US$107,000.
