Minister of Economy Tigran Davtyan said today that “British” will engage in food processing and mineral water production in Armenia.
The company named Ararat Group will start operating by late 2011 in Ararat region.
The government has granted the company privileges for importing equipment. He said that “the British” have already invested $27 million in the project.
He added that it would create 220 new jobs in Armenia.
Source: Tert – Originial Article
Armenian News
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