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| Italians Want To Restore Spitak Sugar-Refinery |
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According to previous estimations, redeveloping the Spitak region with new investments for sugar beets processing - producing jobs and sugar for Armenia, was estimated to require investments in the range of $110-135 million. Italians also intend to found a modern joint meat processing venture and to promote Italian technologies in Armenia. Apart from this the government of Italy has pledged to finance through UN Food Agricultural Organization (FAO) a major project on potato cultivation. The minister said also a team of Armenian businessmen and experts engaged in wine-making will fly next February to Thailand to pass their experience to Thai counterparts. Also agriculture experts from the Baltic states are coming soon to Armenia to share their experience in building border check points. The minister said effective cooperation with the US Department of Agriculture
Yerevan office will continue next year. Cooperation arrangements were
also reached with businessmen in the United Arab Emirates, UN and other
international organizations. |