The Armenian government today earmarked 545 million AMD ($1.343 million) towards the implementation of its 2013 program to promote domestic manufacturing.

Accordingly, 328 million of the amount will go towards attracting noteworthy international manufacturers to Armenia, for the lending subsidization of manufacturing services, to promote Armenian products in target markets, for the joint financing of international certification of Armenian made products, etc.

More than 105 million will go towards the management and coordination of projects designed to develop manufacturing.