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  • Cannery Opens Soon

    CANNERY OPENS SOON

    KarabakhOpen
    07-04-2008 16:17:42

    Soon the processing facility of the Artsakh Fruit Company opens
    in Stepanakert, which will start buying fruits and vegetables from
    farmers this spring, said the minister of agriculture of NKR Armo
    Tsatryan in an interview with Karabakh-Open.com.

    According to the minister, as soon as the equipment is installed,
    the processing facility will be operated. In the beginning it is
    foreseen to produce 2.5 million cans.

    In answer to the question what assistance the government will provide
    to the company, the minister of agriculture said the company will
    borrow money from one of the banks based in Karabakh, and part of
    the interest rate will be subsidized by the government. According
    to Armo Tsatryan, thereby the government stimulates processing and
    agribusiness.

    "It will be a major factory which will produce other production in
    future. The factory is ready to buy fruits and vegetables, including
    from the remote villages of the south of the region of Kashatagh. There
    is a preliminary arrangement that if a major quantity is concentrated
    in one of the areas of the region, the factory may transport it,"
    Armo Tsatryan said.

    He also reminded that the owner of the factory which costs 3 million
    dollars is the director of the Armenia-based Biokat Company Garik
    Sarukhanyan.
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