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Published on Nov 16,2023
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Published on Nov 16,2023
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Home Explore Others Invest in Armenia's Food Processing 2025
Enterprise Armenia
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advantages for investment4Robust Economic GrowthArmenia has demonstrated consistent economic expansion, with a 5.9% GDP growth in 2024, surpassing the 10 trillion dram threshold.Tourism GrowthThe manufacturing industry reached $5.4 billion in 2024, with food production accounting for 32.6% and beverage production for 10.2% of this output.Strategic Trade PartnershipsArmenia's total exports amounted to $13.09 billion in 2024, with processed food exports contributing $954.2 million, reflecting a 6.9% growth from the previous year.Government Support and ReformsThe Armenian government is implementing comprehensive reforms to enhance the business environment of RA, offering favorable conditions and incentives for foreign investors.

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