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INTRODUCTION OF NEW TECHNOLOGIES AND CAPITAL INVESTMENT WILL INCREASE ARMENIAN AGRICULTURE'S PRODUCTIVITY: AMERICA STUDY
YEREVAN, July 16. / ARKA /
Introduction of new technologies and capital investment in Armenia's
agriculture will increase its productivity and the competitiveness
of local goods in foreign markets, Tigran Jrbashian, head of Ameria
advisory company's development and consulting division, said today.
He said the so-called industrial agriculture is already developing
in Armenia, which needs capital investments. This segment is made of
large greenhouses, fish farms and gardening, he said when presenting
the results of a study called " Development of Industrial Agriculture
in Armenia" conducted by Ameria .
He said given the small size of the local market, the development
of industrial agriculture in Armenia is contingent largely on export
potential According Jrbashian, of 40 CIS and Eastern Europe countries
researched by Ameria, Armenia is the leading country in terms of
agricultural share in the overall GDP - about 19-21%, however,
in terms of productivity, it significantly lags behind. He said a
lot of money has been invested in the last 2-3 years in boosting
agricultural productivity.
"We believe that the state support for agricultural development should
be substituted by assisting to raise its productivity and creation
of favorable conditions for it,' he said.
According to Armenia's National Statistical Service, the gross
agriculture output, including that of fisheries in January-May 2013
increased by 2.9% compared with the same period of the last year to
152.7 billion drams. -0-
- See more at:
http://arka.am/en/news/economy/introduction_of_new_technologies_and_capital_inves tment_will_increase_armenian_agriculture_s_product/#sthash.LGvSRlbx.dpuf
YEREVAN, July 16. / ARKA /
Introduction of new technologies and capital investment in Armenia's
agriculture will increase its productivity and the competitiveness
of local goods in foreign markets, Tigran Jrbashian, head of Ameria
advisory company's development and consulting division, said today.
He said the so-called industrial agriculture is already developing
in Armenia, which needs capital investments. This segment is made of
large greenhouses, fish farms and gardening, he said when presenting
the results of a study called " Development of Industrial Agriculture
in Armenia" conducted by Ameria .
He said given the small size of the local market, the development
of industrial agriculture in Armenia is contingent largely on export
potential According Jrbashian, of 40 CIS and Eastern Europe countries
researched by Ameria, Armenia is the leading country in terms of
agricultural share in the overall GDP - about 19-21%, however,
in terms of productivity, it significantly lags behind. He said a
lot of money has been invested in the last 2-3 years in boosting
agricultural productivity.
"We believe that the state support for agricultural development should
be substituted by assisting to raise its productivity and creation
of favorable conditions for it,' he said.
According to Armenia's National Statistical Service, the gross
agriculture output, including that of fisheries in January-May 2013
increased by 2.9% compared with the same period of the last year to
152.7 billion drams. -0-
- See more at:
http://arka.am/en/news/economy/introduction_of_new_technologies_and_capital_inves tment_will_increase_armenian_agriculture_s_product/#sthash.LGvSRlbx.dpuf