To two notorious companies the Yerevan Municipality presented a land plot of 163.2 hectares

ArmInfo. The Armenian government donated a land plot of 163.2 ha to Spayka and Armsanprodukt. The planned investment of companies in the construction of a greenhouse complex and the production of cheeses on the site will amount to over $ 200 million. The draft resolution was approved at a Cabinet meeting on June 23.

As the mayor of Yerevan Taron Margaryan stated at the government session, presenting the project on donating a land plot, the territory near the Noragavit district is given to companies for the purpose of building a greenhouse complex and a factory for the production of cheese with mold. "Within the investment program in 2017-2019, it is planned to invest more than $ 200 million in the construction of a greenhouse farm with a territory of 110 hectares and a cheese plant," Margaryan said.

The cheese plant under construction, he said, will produce one thousand tons of cheese per year. The project will create 1300 permanent jobs.

Previously, ArmInfo reported that the agricultural holding company "Spayka" in 2017 plans to organize its own production of Roquefort cheese. As the head of project management department of the company Karen Baghdasaryan stated on April 19, investments in the cheese-making business will make over $ 15 million in 2017. "Having studied the cheese market in Russia, the company "Spayka" saw great potential. "At this stage, agreements on export to Russia More than 1000 tons of cheese with mold every year," Baghdasaryan said. In January 2018, the first batch of Roquefort cheeses are expected by the results of the first year, providing export volumes of 1 thousand tons. As Karen Baghdasaryan stated, the company pretends to occupy 10% of the Russian market the representative of the company, in a conversation with ArmInfo, said that Spayka is also betting on sanctions in Russia, but he believes that ensuring a high quality of goods and the absence of a similar production in Russia give the Armenian manufacturer very decent competitive advantages. "In any case, even with the lifting of sanctions, we will be in a favorable position with our quality and relatively low price for products compared to European producers," Baghdasaryan said.