YEREVAN, January 14. /ARKA/. Two strategic enterprises will be set up in Armenia this year, Armenia’s Economy Minister Tigran Davtyan told reporters on Monday.
“ASKE Group” Charentsavan metallurgical complex will be launched in the near months. It will process black metals and produce the important for us production, which we will not import anymore. It is quite a big enterprise equipped with Siemens modern technology. It will provide hundreds of new jobs,” Davtyan said.
Earlier, one of ASKE Group founders, Vahan Harutyunyan, said the manufacturing capacity of the new armature producing plant will be 125,000 tons per annum. The total investments value stood at 7.8 billion drams.
Davtyan added the second enterprise—Astral Crystal—will be growing crystals.
“This is a very interesting, high-technical production. The required technology has already been provided,” Minister said.
In the framework of the 4.2-billion-dram program 20 new jobs with an average wages of 180, 000 drams will be offered.
Astra Crystal CJSC , founded in 2011, operates in processing technical crystals, as well as raw sapphire.
Natfood, Nubarashen poultry factory and Ararat group are to be launched in 2013, Economy Ministry said. ($1 – 408.59 drams).—0-