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Governmental Privileges To Dilijan International School

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  • Governmental Privileges To Dilijan International School

    GOVERNMENTAL PRIVILEGES TO DILIJAN INTERNATIONAL SCHOOL

    Today, the government approved the draft act on tax and customs
    allowances for Dilijan International School program.

    Prime Minister Tigran Sargsyan said a lot of investments are planned
    under the program. A non-profit educational center will be established,
    which means the program should be exempt from tax, said the prime
    minister.

    According to the statement of the government, an investment of 550
    million USD is envisaged; 150 million will be spent on construction
    and equipment, 400 million on functional expenditure and further
    development of the school. 20 million has already been invested.

    The educational center will create jobs and help development of tourism
    in the region. 60-70 million USD is envisaged for the development
    of infrastructures in Dilijan, production of goods and provision of
    services. Thanks to the program the annual budget inputs will amount
    to 1 million USD by 2020, unemployment rate will be cut by 12%,
    poverty level by 11% and the number of foreign tourists will amount
    to 35,000 in Dilijan.

    12:43 06/06/2013 Story from Lragir.am News:
    http://www.lragir.am/index/eng/0/country/view/30068

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