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Armenia

ANIF invests in large-scale strawberry production facility for export

The “Entrepreneur + State” Investments Fund, a subsidiary of the Armenian National Interests Fund, is launching a new investment project, in collaboration with the “K&G” company. The joint project “Berrymount” company will start large-scale production of strawberries for export.

Partner company “K&G” was founded in 2015 and already has two greenhouses, with a total area of 6 hectare. The third greenhouse will be built as a result of the implementation of a joint project of ANIF with the “Entrepreneur + State” investment fund. The company exports almost all of its products. The strawberries are grown hydroponically without pesticides and chemical treatments.

The construction of the new greenhouse is scheduled to be completed in August 2023.

Source: banks.am

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