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Development Of Industrial Agriculture In Armenia Contingent On Expor

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  • Development Of Industrial Agriculture In Armenia Contingent On Expor

    DEVELOPMENT OF INDUSTRIAL AGRICULTURE IN ARMENIA CONTINGENT ON EXPORT POTENTIAL: STUDY SAYS

    YEREVAN, July 10. / ARKA /. Given the small size of the local market,
    development of industrial agriculture in Armenia is contingent largely
    on export potential, according to the findings of a study conducted
    by Ameria consulting company.

    The study called 'Development of industrial agriculture in Armenia"
    indicates the prerequisites, constraints and risks for the development
    of this sector. The focus in the study was on development of
    greenhouses, horticulture and fish farming.

    Experts point out that gardening in Armenia will have no serious
    development obstacles in the next 10 years given that anti-hail
    stations are built and effectively run. The major risks and obstacles
    to the development of this industry are natural and climatic factors,
    mainly hails.

    "The growing land under vineyards and fruit trees show the potential
    for development of horticulture in Armenia", the study says. About
    two-thirds of fruit trees are in Armavir, Ararat, Aragatsotn and
    Kotayk regions. Ararat and Armavir account for bulk of fruit and
    vegetables output.

    According to the study, there are 900 greenhouses in the country
    with a total area of 130 hectares. The largest greenhouse is on
    5 hectares. About 60% of their output are vegetables- tomatoes,
    cucumbers, beans and peppers, and 40% are flowers and ornamental
    plants.

    According to Ameria experts, the prospects for the development of
    large greenhouse in the next five years are estimated as average,
    while the prospects of small and medium-sized greenhouses are assessed
    as not promising.

    As the findings of the study show, the average annual growth of
    aquaculture in the last 10 years was about 28.5%, while export of
    fish and fish products have increased by 4.7 times. Prospects for
    the development of fisheries are also evaluated as average. The
    study says if some regulation issues are resolved this sector may
    advance tangibly.

    Founded in 1998, Ameria is a leading Armenian advisory company,
    offering professional services in administrative, financial and legal
    consulting. -0-

    - See more at:
    http://arka.am/en/news/economy/development_of_industrial_agriculture_in_armenia_c ontingent_on_export_potential_study_says/#sthash.mX81O1Te.dpuf

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