Montibus Group has entered into a Memorandum of Understanding (MOU) with the Armenian Government, wherein the Government has expressed its intent to provide the company with an industrial property conducive for the establishment of an advanced electronics manufacturing plant. We are committed to harnessing the Government’s support to its fullest extent and will construct a facility featuring state-of-the-art automated machinery that will remain at the forefront of technology for years to come. Currently, we are in the process of finalizing our specific requirements and commencing the property selection phase. Our plan is to begin construction of the factory in the second quarter of 2024, with a targeted completion date in 2025.

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