Home > Latest News > $7 mln for production of buses in Armenia

$7 mln for production of buses in Armenia

January 17, 2013 Leave a comment Go to comments

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 (about $1.2 million) 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 Wednesday’s sitting.

Source: Armenia NowOriginial Article

Armenian News

Advertisements
Categories: Latest News
  1. No comments yet.
  1. No trackbacks yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: