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Commodity production in Syunik up 4.1%

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  • Commodity production in Syunik up 4.1%

    COMMODITY PRODUCTION IN SYUNIK UP 4.1 PERCENT

    ArmenPress
    Dec 7 2004

    KAPAN, DECEMBER 7, ARMENPRESS: Authorities in the southern province
    of Syunik said commodity production there grew 4.1 percent in the
    first nine months of this year against the same period last year,
    which, in terms of money, made around 58 billion Armenian drams. Like
    previous years, the biggest contribution, around 90 percent, was made
    by the province's mining industry.

    The share of electricity production in the reported period of time
    was 5.5 percent. Overall 1.3 billion kilowatt/hours electricity was
    generated there in nine months which was 1.2 percent less than during
    the same time span last year. The province accounts in general for
    25 percent of electricity production and 66 percent of electricity
    generated by hydro power stations. Along with this the industrial
    capacity of dozens of local enterprises remains idle.

    According to another news from the region, the overall number
    of employed people as of October 1, 2004 was 50,000, by 1,000
    more than last year. The number of unemployed, according to local
    employment centers, was 13,000. Almost half of them were in Kapan,
    the administrative capital of the province, the lowest rate of
    unemployment, 3 percent, was in Meghri.
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