The government gives a tax benefit of 270.7 million drams to "Jermuk Group" owned by the former RPA member of the National Assembly Ashot Arsenyan. This issue is included among the unreported issues of tomorrow's Government session. According to the justification of the Government The company plans to import equipment worth 215 million drams and an additional batch of raw materials worth 656.9 million drams. As a result of the additions, the total value of the goods will be 4.3 billion drams. The privilege of exemption from customs duty of the total value is estimated at 270.7 million drams. The raw materials and equipment imported by "Jermuk Group" are planned to be used for the production of polyethylene insulation film and the released products. In order to change. With this decision, the company is given the opportunity to import the goods to the company under leasing option. The justification also mentions that the existence of the concession will be a serious incentive for the implementation of new investment programs and as a consequence for the creation of new jobs, attraction of investments, promotion of local production and exports. "Yeah "Muk Group" was founded in 1996, the founder is Ashot Arsenyan. It should be noted that after 2018, Ashot Arsenyan's son, Vahagn Arsenyan, was elected as the head of Jermuk community in 2021 on the CP list, and now he is the governor of Vayots Dzor.
Armenia
"Jermuk Group" belonging to the family of the governor of Vayots Dzor will receive a privilege

Source: KARTSIQ