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$7 Mln For Production Of Buses In Armenia

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  • $7 Mln For Production Of Buses In Armenia

    $7 MLN FOR PRODUCTION OF BUSES IN ARMENIA
    Hasmik Dilanyan

    "Radiolur"
    16:33 16.01.2013

    Seven million US dollars will be invested in the coming seven years
    to launch production of buses in Yerevan. According to the Government
    decision, the area at Mikoyan 18, Yerevan, was leased to the "MED A.

    KGmbH" Company, which the latter will use to organize the production
    of buses.

    The Government decided to allocate 498 mln AMD from the reserve funds
    of the state budget for the improvement of the housing conditions
    of the servicemen of the State Protection Service of the National
    Security Service. The decision was made upon the directive of the
    President of the Republic of Armenia, Prime Minister Tigran Sargsyan
    said at today's sitting.

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