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Armenian government to invest 3.2 billion drams in construction of ‘smart’ cattle-breeding farms

04.04.2019, 15:30
The government of Armenia has approved today an assistance program for construction, reconstruction and technological re-equipment of small and medium-sized "smart cattle-breeding farms.

Armenian government to invest 3.2 billion drams in construction of ‘smart’ cattle-breeding farms
YEREVAN, April 4. /ARKA/. The government of Armenia has approved today an assistance program for construction, reconstruction and technological re-equipment of small and medium-sized "smart cattle-breeding farms.

Agriculture Minister Gegham Gevorgyan said the goal of the program is to promote and provide financial support for raising the quality of cattle-breeding, as well as increasing the farms’ productivity.

He said three models of farms are offered – with 130-280 square meters, designed for 15 cattle worth 11 million drams , with 280-450 square meters for 25 cattle worth 23 million drams and with 450 square meters for  45 cattle  worth 35 million drams.

He said the government will provide grants for the construction of these cattle-breeding farms in the amount of 5.5 million drams, 11.5 million drams and 17.5 million drams respectively, which is almost half of the cost.

The size of subsidies for residents of border regions and for persons, who received disabilities during military service, will be 7.7 million drams, 16.1 million drams and 24.5 million drams respectively (70% of the cost).

In 2019-2021 some 3.2 billion drams are to be invested in the construction of d 230 "smart’ farms. If there is greater demand, the government is ready to provide additional financial assistance, according to the minister.

 Ten day intensive courses will be held for farmers by the Agrarian University.  The minister said applications for subsidies can be sent also electronically if the applicant has his own or leased land to start construction. After checking the site, a decision will be made within 10 days. ($1 – 486.85 drams).--0--