Armenian government exempts Dragsman Cement from customs duties

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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.

URL: https://globalcement.com/news/item/19492-armenian-government-exempts-dragsman-cement-from-customs-duties

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