YEREVAN, SEPTEMBER 29, ARMENPRESS. The Government has delayed the discussion of the bill on “defining a special management and activity regime for “Nairit factory” CJSC”, which was presented by lawmakers of PAP faction Naira Zohrabyan and Michael Melkumyan.

Minister of Energy and Natural Resources Ashot Manukyan said the bill needs additional work since a denial of the government can create big public discontent. The Minister requested three days for additional discussion with the lawmakers.

The bill aims at forming a Parliamentary temporary study committee, and later a monitoring and supervision committee for investment obligations for the activities of “Nairit Factory” CJSC.

The lawmakers propose to declare the Nairit factory an industrial zone within the framework of the Industrial Development state program and exempt the factory from taxes for five years in case of 70 million AMD or more investment project.