On January 11, 2024, RA government adopted the decision to provide financing to "GTB STEEL" LLC. This company will build a steel factory in Ararat Village, which was planned to be built in Yeraskh Village, but was not implemented due to border tensions.
According to the rationale, the company incurred a number of construction costs for the construction of the steel plant in Yeraskh, the total amount of which makes up around 2 billion AMD. Accordingly, it is proposed to provide a budget loan of 3,500,000,000 AMD at an annual interest rate of 8 percent for 4 years starting from the 3rd year for the purpose of financing the project of "GTB STEEL" LLC in Ararat settlement.
Photo: www.primeminister.am
January 11, 2024 at 16:30