Busses to be manufactured in Armenia

Busses to be manufactured in Armenia

Today in the RA Government session it was decided that the area in Mikoyan 18, Yerevan was given as rent to MED A. KGmbH company for 35 years. For the first 7 years the cost of the rent will be 1mln drams. The company is required to organize the manufacturing of busses in 7 years investing 7 mln dollars every year with the same amount. Recalling that during the previous sessions the project was already accepted, the PM Tigran Sargsyan noted that this decision is the continuation of the previous one and will allow to organize the manufacturing very soon.