The Armenian Government continues granting privileges to the companies dealing with fish breeding in Lake Sevan. On 11 May the Armenian Government reached a decision to adjourn the payment of VAT for the imported goods by 'Sevan Aqua' CJSC for three years. With another decision the technological equipment, its spare parts, raw materials and materials were exmpt from duty for the company having imported them.
The company intends to install another 12 model cage net fish farm economies in the lake making the number of cage nets 24. The company is going to invest around 1.75 billion into the construction of a cage net fish farm economy.
16:34 May 11, 2017