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Funds From Privatization Of Agricultural Lands In Armavir Marz Amoun

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  • Funds From Privatization Of Agricultural Lands In Armavir Marz Amoun

    FUNDS FROM PRIVATIZATION OF AGRICULTURAL LANDS IN ARMAVIR MARZ AMOUNT TO 1 BLN DRAMS IN 2005

    Noyan Tapan
    Apr 19 2006

    YEREVAN, APRIL 19, NOYAN TAPAN. The work done in Armavir marz in
    2005 was summarized, as well as the programs to be implemented
    this year were discussed during the April 19 working meeting of the
    Armenian President Robert Kocharian and the governor of Armavir marz
    Albert Heroyan. The President inquired about how the money received
    from privatization of agricultural lands in Armavir is invested
    in the local infrastructures. A. Heroyan said that 1 bln drams
    (about 2.2 mln USD) from the sale of lands was mainly allocated for
    the installation of gas supply system in the villages of Baghramian
    region: 14 out of the 15 communities there will be supplied with gas
    by late 2006. According to the governor, the land privatization also
    allowed to create jobs. According to the RA President's press service,
    the opportunies of setting up small and medium processing enterprises
    and improving the irrigation networks and community roads in Armavir
    marz with financial resources of the Millennium Challenge Fund were
    also discussed at the meeting. In terms of infrastructure development,
    the governor attached importance to repairs of Yerevan-Armavir-Gyumri
    motorway included in the Lincy program, which may enable to reduce
    agriculatural produce sale expenses by nearly 30%.
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