Armenia: Greenhouse project with Dutch technology gets off the ground
An investment programme is leading to the construction of massive greenhouses in the country. Undeveloped land in various regions is being made available, over a total area of 2,000 ha.
The project has been initiated by the Armenian Harvest Promotion Centre. They calculate that between 300,000 and 350,000 tonnes of produce can be grown in heated greenhouses each year, along with 75,000 tonnes over 1,500 ha of unheated polycarbonate greenhouses. The bulk of the produce is intended for export via Russian trade networks.
The AHPC communicates with investors who express interest in buying land for greenhouse construction and will provide the speculators with relevant infrastructure, including utilities and also the provision of loans.
"This is an unprecedented large-scale program which will promote the development of the infrastructures, transportation channels, and the establishment of powerful cool storage facilities," said Aleksan Arakelyan, the Investment Director at the Armenian Harvest Promotion Centre CJSC. According to his estimations, the first crop will be harvested in 2013.
The Armenian Harvest Promotion Centre CJSC was established in 2011. It is a public and private partnership where 49 percent of the shares are held by Small and Medium Entrepreneurship Development National Center established by the RA Government, and 51 percent is owned by the private sector.
Source: news.am
