WB: illegal tree cutting in Armenia grown for recent years
01.12.2007,
04:18
Illegal tree cutting in Armenia has grown for recent years, Aristomene Varoudakis, director of World Bank’s Armenian office, said on Friday at a press conference.
YEREVAN, November 30. /ARKA/. Illegal tree cutting in Armenia has grown for recent years, Aristomene Varoudakis, director of World Bank’s Armenian office, said on Friday at a press conference.
He said the World Bank supports crackdown on illegal forest cutting by providing a loan to Armenia for poverty reduction program implementation.
Varoudakis said that the WB’s aim is not only to protect environment, but also attract more investments to Armenia by protecting environment.
Varoudakis said that the WB’s program promotes the state forest protection program adoption and appropriate state agency creation.
He said the agency is closely cooperating with NGOs and local authorities, and this cooperation makes it possible to control tree-cutting process.
Varoudakis said that the information on illegal tree cutting monitoring will be available for the community.
He thinks this will not only enhance public awareness of the matter, but also will protect green spaces.
Speaking about tree cutting in Teghut copper/molybdenum field territory, he said that the damage should be gauged and environment experts’ opinion taken into consideration. He said the World Bank is ready to provide any support to the government.
Teghut is the second largest copper molybdenum field in Armenia after Kajaran.
The study conducted in 1972 showed that Teghut field contains 450mln tons, of which 1.6 million is copper concentrate and 99,000 tons molybdenum concentrate.
Experts say the field can be exploited within 45 years with annual output of 7 million tons.
In February 2001, “ACP” (Armenian Copper Program) Closed Joint Stock Company received a license for development of the deposit for 25 years. Investments of ACP in the project are to total $200-250mln, with about $50mln having been already invested.
According to preliminary estimates, the production output of Teghut deposit in the first operational year is to total 12,000 tons of copper concentrate. The ore reserve of the deposit is about 400-450mln tons.
“ACP” Closed Joint Stock Company, a member of Vallex Group, was founded in August 1997 on the basis of Alaverdy mining factory. The shareholders of the enterprise are Vallex F.M. Establishment (Lichtenstein) (80.74%) and the General Director of Armenian Copper Program Valery Mejlumian (19.26%).–0--
He said the World Bank supports crackdown on illegal forest cutting by providing a loan to Armenia for poverty reduction program implementation.
Varoudakis said that the WB’s aim is not only to protect environment, but also attract more investments to Armenia by protecting environment.
Varoudakis said that the WB’s program promotes the state forest protection program adoption and appropriate state agency creation.
He said the agency is closely cooperating with NGOs and local authorities, and this cooperation makes it possible to control tree-cutting process.
Varoudakis said that the information on illegal tree cutting monitoring will be available for the community.
He thinks this will not only enhance public awareness of the matter, but also will protect green spaces.
Speaking about tree cutting in Teghut copper/molybdenum field territory, he said that the damage should be gauged and environment experts’ opinion taken into consideration. He said the World Bank is ready to provide any support to the government.
Teghut is the second largest copper molybdenum field in Armenia after Kajaran.
The study conducted in 1972 showed that Teghut field contains 450mln tons, of which 1.6 million is copper concentrate and 99,000 tons molybdenum concentrate.
Experts say the field can be exploited within 45 years with annual output of 7 million tons.
In February 2001, “ACP” (Armenian Copper Program) Closed Joint Stock Company received a license for development of the deposit for 25 years. Investments of ACP in the project are to total $200-250mln, with about $50mln having been already invested.
According to preliminary estimates, the production output of Teghut deposit in the first operational year is to total 12,000 tons of copper concentrate. The ore reserve of the deposit is about 400-450mln tons.
“ACP” Closed Joint Stock Company, a member of Vallex Group, was founded in August 1997 on the basis of Alaverdy mining factory. The shareholders of the enterprise are Vallex F.M. Establishment (Lichtenstein) (80.74%) and the General Director of Armenian Copper Program Valery Mejlumian (19.26%).–0--
