The MED A.KGmbH Company will start manufacturing buses in Armenia this year. For this purpose the Armenian government adopted a decision on Wednesday to lease a building in the capital city Yerevan to this company for 35 years, News.am reports.
In accordance with the business plan it submitted, the leaseholder will have to manufacture buses, by investing Armenian drams equivalent to $7 million over the course of seven years, and in equal amounts for each year.
Armenia to manufacture buses
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