Dragsman Cement plans new cement production line in Armenia

Dragsman Cement will invest AMD1.9bn (US$5.0m) in a new cement production line using imported equipment, increasing employment from 10 to 50 staff. The government approved a customs-duty exemption of AMD40.9m.

“The government approved the duty relief at a meeting held on Friday.”cemnet.com

• 1 source
• cemnet.comArmenian firm to invest AMD1.9bn in new cement plantICR NewsroomNov 18, 2025

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