President attended the opening ceremonies of the Yerevan Show-2016 and Yerevan fair trade center
Today, at the Meridian exhibition center President Serzh Sargsyan was present at the opening of the Junwex Yerevan Show-2016 international jewellery exhibition which will be held on October 27-30. The exhibition center is located on the territory of the free economic zone which provides tax and customs privileges to the businesses operating here. The President of Armenia toured the exhibition, which is being organized by the Armenian Jewellery Association (AJA) for the sixth time. The exhibition is attended by famous jewellery houses from different countries, individual jewelers, and experts. The President toured the pavilions, familiarized with the jewellery pieces presented by the local and foreign companies, jewellery tools, familiarized with the activities and upcoming programs of the firms.
Also today, President was present at the opening of the Yerevan fair trade center. The creation of the center was initiated by the SIL Concern Company. During the tour, the President was briefed by the officials of the Company on the works carried out at the first stage, investments, new jobs, and the upcoming development programs, particularly the works envisaged for the second stage. It was noted that in January-June 2016, over 250 employees were engaged in the construction on a permanent basis with the average salary of 200.000 AMD. The segment of the fair constructed during the first stage of the works will allow to hire 550 employees with the average salary of 150.000 AMD.
According to the officials, investments at this stage came close to 2 billion 500 million AMD. After the second phase of construction works is completed, in summer of 2017 Yerevan will have a fair, which will occupy 430002 meters, with 850 pavilions for retail and wholesale trade, with all modern facilities. The fair will create over 1000 new jobs with the average salary of 150.000 AMD.