Tweet
Armenian Fruit JSC to be established in Armenia
July 16, 2010 - 18:57 AMT 13:57 GMT
PanARMENIAN.Net -
Acting Director of the Program on Creation of Agricultural
Opportunities Sergey Virabyan said that Armenian Fruit JSC will be
established in Armenia as part of the program implementation.
Meanwhile, the state will be the owner of 100% shares of the company,
Virabyan told a press conference in Yerevan.
According to him, it is a pilot project with usage of modern
technologies and international standards. "Based on results of the
program implementation, a new industry will be established in Armenia,
while its output will be in demand in Russia, the CIS and European
markets," noted Virabyan. He said that the program is a prototype of
voluntary cooperatives, while participation of the private sector in
the company may be considered in future.
For several years, Armenian Fruit will be dealing with all issues
related to creation of agricultural opportunities, including export
logistics, marketing, etc.
On July 16, the RA government hosted a meeting of Head of UN
International Fund for Agricultural Development (IFAD) Programs in
Armenia Henning Pedersen and Sergey Virabyan with Armenian Prime
Minister Tigran Sargsyan and a representative of the Ministry of
Finance. During the meeting, the parties voiced desired volumes of
agricultural products sale - $250mln per year.
Commenting on basic problems of agricultural development in Armenia,
Henning Pedersen pointed to the underdevelopment of infrastructures,
lack of marketing services and funds, non-compliance with standards
and quality norms, as well as non-usage of modern technologies for the
achievement of best results.
Over $50mln will be invested for implementation of the Program on
Creation of Agricultural Opportunities in Armenia in 2011-2015.
From: A. Papazian
July 16, 2010 - 18:57 AMT 13:57 GMT
PanARMENIAN.Net -
Acting Director of the Program on Creation of Agricultural
Opportunities Sergey Virabyan said that Armenian Fruit JSC will be
established in Armenia as part of the program implementation.
Meanwhile, the state will be the owner of 100% shares of the company,
Virabyan told a press conference in Yerevan.
According to him, it is a pilot project with usage of modern
technologies and international standards. "Based on results of the
program implementation, a new industry will be established in Armenia,
while its output will be in demand in Russia, the CIS and European
markets," noted Virabyan. He said that the program is a prototype of
voluntary cooperatives, while participation of the private sector in
the company may be considered in future.
For several years, Armenian Fruit will be dealing with all issues
related to creation of agricultural opportunities, including export
logistics, marketing, etc.
On July 16, the RA government hosted a meeting of Head of UN
International Fund for Agricultural Development (IFAD) Programs in
Armenia Henning Pedersen and Sergey Virabyan with Armenian Prime
Minister Tigran Sargsyan and a representative of the Ministry of
Finance. During the meeting, the parties voiced desired volumes of
agricultural products sale - $250mln per year.
Commenting on basic problems of agricultural development in Armenia,
Henning Pedersen pointed to the underdevelopment of infrastructures,
lack of marketing services and funds, non-compliance with standards
and quality norms, as well as non-usage of modern technologies for the
achievement of best results.
Over $50mln will be invested for implementation of the Program on
Creation of Agricultural Opportunities in Armenia in 2011-2015.
From: A. Papazian