Goldshin company to invest 23 billion drams in production and be exempted from customs duties

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18.05.2023, 18:02

The Armenian government has exempted today Goldshin LLC, which intends to invest 23 billion AMD in the production process, from customs duties for import of raw materials.

Goldshin company to invest 23 billion drams in production and be exempted from customs duties

YEREVAN, May 18. /ARKA/. The Armenian government has exempted today Goldshin LLC, which intends to invest 23 billion AMD in the production process, from customs duties for import of raw materials.

The company will use them for production of roofs, drainage systems, sandwich panels and gypsum plasterboard profiles. The company's plant is in Kotayk region.

The company's capital investments amounted to AMD 33 million. It will spend also 50 million drams on purchase of equipment. Another 23 billion drams will be spent on the purchase of circulating assets.

The company will create 22 new jobs with average monthly salary of 248 thousand drams. -0-

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