Hothouse sector fostered in Armenia with the Dutch experienceSeptember 15, 2011 - 13:56 AMT PanARMENIAN.Net - On September 15 meeting Armenia’s Government approved of a decision on granting Ecotomato CJSC extension on debt payment of VAT for the second time with an amount of AMD 680 million. The company aims to found hothouse economy for growing A class roses in the village of Goght in Kotayk Region with advanced technologies of the Dutch company Dalsem. Tigran Davtyan, Armenia’s Minister of Economics said that Armenia’s government has already assisted the company and approved of a decision on extension of VAT payment for AMD 1,9 billion which was spent on importing equipment. Today’s decision will allow the company to ease tax burden on import of modern equipment. According to him the volume of company’s investments will total AMD 2,6 billion, which will result in opening 30 new working places. Ecotomato CJSC expects to mark the beginning of works of hothouse economy in the first quarter of 2012. The product will be fully exported to Russia. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Putin congratulates Pashinyan’s birthday Russian President Vladimir Putin congratulated Armenian Prime Minister Nikol Pashinyan on his birthday on June 1. Opposition motorcade en route to Gyumri for large rally A motorcade of protesters headed by Archbishop Bagrat Galstanyan is heading to the city of Gyumri. Ruling MPs, Foreign Minister talk Armenia-Azerbaijan processes MOs from the ruling Civil Contract party met with the Foreign Minister Ararat Mirzoyan in the Armenian parliament. Russia: Armenia’s frozen membership weakens CSTO position in Caucasus A Russian envoy said any step that could alienate the CSTO member states from each other is “deeply wrong”. |