Chanakh Company to Invest Approximately 600 Million AMD in Dairy Production

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14.11.2025, 16:47

At a meeting on Friday, the Armenian government decided to grant a customs duty exemption to Chanakh Company, which plans to invest a total of 590 million AMD in dairy production using imported raw materials.

Chanakh Company to Invest Approximately 600 Million AMD in Dairy Production

YEREVAN, November 14. /ARKA/. At a meeting on Friday, the Armenian government decided to grant a customs duty exemption to Chanakh Company, which plans to invest a total of 590 million AMD in dairy production using imported raw materials.

The investment program includes capital investments of 120 million AMD, as well as raw material purchases totaling 470 million AMD.

Ten new jobs are planned to be created by 2028. The customs duty exemption is estimated at 70.5 million AMD. ($1 - 382.12 drams).-0-

#DAIRY PRODUCTS

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