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Industrial Agriculture Forming In Armenia - Expert

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  • Industrial Agriculture Forming In Armenia - Expert

    INDUSTRIAL AGRICULTURE FORMING IN ARMENIA - EXPERT

    July 16, 2013 | 13:29

    YEREVAN. - Industrial agriculture, which includes agricultural branches
    that require large capital investments, is forming in Armenia,
    said consulting service director Tigran Jrbashyan, during a press
    conference on Tuesday.

    He stated that the aforesaid refers to large horticultural farms,
    greenhouses, and pisciculture.

    Jrbashyan noted that as a result of a research that was conducted
    in forty countries in CIS and Eastern Europe, it was found out that
    Armenia has the largest share of agriculture in the country's GDP,
    with 19-20 percent.

    But, as per the expert, Armenia has serious problems in terms of
    productivity.

    "This [i.e., the industrial agriculture] sector represents a great
    demand for loans. [And] the productivity growth brings forth a need
    for large capital investments," Tigran Jrbashyan concluded.

    News from Armenia - NEWS.am




    From: A. Papazian
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