HOTHOUSE SECTOR FOSTERED IN ARMENIA WITH THE DUTCH EXPERIENCE
PanARMENIAN.Net
September 15, 2011 - 13:56 AMT
PanARMENIAN.Net - On September 15 meeting Armenia's Government approved
of a decision on granting Ecotomato CJSC extension on debt payment
of VAT for the second time with an amount of AMD 680 million.
The company aims to found hothouse economy for growing A class roses
in the village of Goght in Kotayk Region with advanced technologies
of the Dutch company Dalsem.
Tigran Davtyan, Armenia's Minister of Economics said that Armenia's
government has already assisted the company and approved of a decision
on extension of VAT payment for AMD 1,9 billion which was spent on
importing equipment. Today's decision will allow the company to ease
tax burden on import of modern equipment. According to him the volume
of company's investments will total AMD 2,6 billion, which will result
in opening 30 new working places.
Ecotomato CJSC expects to mark the beginning of works of hothouse
economy in the first quarter of 2012. The product will be fully
exported to Russia.
PanARMENIAN.Net
September 15, 2011 - 13:56 AMT
PanARMENIAN.Net - On September 15 meeting Armenia's Government approved
of a decision on granting Ecotomato CJSC extension on debt payment
of VAT for the second time with an amount of AMD 680 million.
The company aims to found hothouse economy for growing A class roses
in the village of Goght in Kotayk Region with advanced technologies
of the Dutch company Dalsem.
Tigran Davtyan, Armenia's Minister of Economics said that Armenia's
government has already assisted the company and approved of a decision
on extension of VAT payment for AMD 1,9 billion which was spent on
importing equipment. Today's decision will allow the company to ease
tax burden on import of modern equipment. According to him the volume
of company's investments will total AMD 2,6 billion, which will result
in opening 30 new working places.
Ecotomato CJSC expects to mark the beginning of works of hothouse
economy in the first quarter of 2012. The product will be fully
exported to Russia.