Agri-food Equipment Leasing Support Program in the Republic of Armenia

BENEFICIARIES

Entrepreneurs of the agri-food sector, who have concluded a leasing agreement for the purchase of machinery under the terms of the program.

CONTENT

The main objective of the program is to supply agrifood sector operators with equipment on affordable terms, in particular through the application of leasing mechanisms. For the purpose of acquiring mobile or mobile modular slaughterhouses, leasing provided in Armenian drams from 1 September 2024 to 31 December 2026 is subsidized by 12 percentage points, while leasing provided in foreign currency is subsidized by 7 percentage points, provided that the acquired mobile or mobile modular slaughterhouses will be operated in settlements included in the list approved by the governors of the regions of the Republic of Armenia.

https://www.arlis.am/hy/acts/218860

LIMITATIONS

Within the framework of the project, the total cost of the equipment purchased by each tenant should not exceed AMD 1000.0 million, except for the tenants in the spheres of sorting fresh fruits and vegetables, packaging and filtration of pulses, mobile and mobile modular booths, the total cost of the equipment purchased by them should not exceed AMD 200.0 million.