At its October 23 session, the government exempted “VI AND VI TRANS” LLC from import customs duties as part of an investment project in a priority sector.

The company plans to carry out international freight transportation using the imported vehicles.

Under the investment project, the company intends to invest AMD 1.3 billion in acquiring fixed assets.

Currently, the company has 15 employees with an average monthly salary of AMD 300,000. The project aims to increase the workforce to 19 employees by 2026, with an average monthly salary of AMD 380,000.

The value of goods submitted for exemption amounts to AMD 1.3 billion, and the customs duty exemption is estimated at AMD 130.5 million.