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ARMENIA BUILDS PLANT TO CULTIVATE SAPPHIRES
news.am
June 20, 2012 | 03:21
YEREVAN. - Government of Armenia considers issue of postponing the
VAT for Astra Crystal Company. The company intends to cultivate raw
material for technical sapphires and ready-made crystals.
The issue is included in the Government's Thursday session.
Postponement is required for deals linked with investing programs for
the new plant. It will be installed with equipment from Russia and
China and plans to cultivate up to 3 tons of raw material and 2 tons
of crystal. The plant is targeted at light emitting diodes (LEDs)
market, which consumes a significant part of the global production
of industrial sapphires. They will also start developing laser and
optical elements.
news.am
June 20, 2012 | 03:21
YEREVAN. - Government of Armenia considers issue of postponing the
VAT for Astra Crystal Company. The company intends to cultivate raw
material for technical sapphires and ready-made crystals.
The issue is included in the Government's Thursday session.
Postponement is required for deals linked with investing programs for
the new plant. It will be installed with equipment from Russia and
China and plans to cultivate up to 3 tons of raw material and 2 tons
of crystal. The plant is targeted at light emitting diodes (LEDs)
market, which consumes a significant part of the global production
of industrial sapphires. They will also start developing laser and
optical elements.