The Armenian government granted a privilege to Spayka LLC to free it from customs duties for imports of technological equipment, their components and raw materials on the sidelines of an investment project.

The project eyes investments totalling to 28 billion drams, opening of 300 new jobs with an average monthly salary of 200,000 drams, according to the government decision approved at a meeting on Thursday.

The government also confirmed customs privileges to Nanman and Prof Al LLCs for imports of technological equipment, their components and raw materials.

Nanman company plans to make 110,100,000 drams investment and create 3 new jobs with an average salary of 78,000 drams.

As part of the investment project, Prof Al is set to invest 1 billion drams to open 50 new jobs with an average salary of 280,000 drams.