Unique agro-industrial complex Yeremyan Projects established with financial support of EDB in Armenian Tashir
YEREVAN, October 30. /ARKA/. The official opening of Yeremyan Projects, the first world-class agro-industrial complex in Armenia's Tashir community in Lori province was held on October 28.
The Eurasian Development Bank (EDB) had provided a $32 million loan for the project. The opening ceremony was attended by representatives of the Government of Armenia, EDB and other partner organizations, as well as members of the Yeremyan Projects team.
The project is the first step in the implementation of the trilateral memorandum signed in August 2022 between the Government of Armenia, EDB and Yeremyan Farm. The purpose of the document is to ensure food security and sustainable economic development of Armenia.
The agro-industrial complex allows for the creation of a vertically integrated enterprise ensuring the supply of high quality milk and raw meat for food production at Yeremyan Projects' own factories.
The total budget of the project amounted to $43.5 million. With these funds, 300 hectares of arable land were purchased in Tashir community to build a modern cattle-breeding complex on 32 hectares in 14 months.
The construction created additional jobs for the residents of the Lori region. The launch of the complex will create 120 new jobs. Comfortable working conditions meeting high requirements have been created, and recreation areas have been equipped. Training and briefing rooms, as well as conference halls have been also built.
The agro-industrial complex with the capacity of 45 thousand liters of milk per day is designed for 1,500 cows. The complex consists of a barn, which has 2 buildings of cattle-breeding premises. High performance is achieved through the use of modern technologies, including an automatic carousel-type milking parlor, a feed mill and storage of feed mixtures.
The pig farm, which is part of the complex is designed for keeping 580-600 sows, which allows producing up to 17,000 animals per year.
At the same time, the construction of a plant for processing dairy and meat products is being completed in Yerevan.
The investment program is being implemented with the support of the Government of Armenia, which partially subsidized the costs. --0--
