14 investment projects from Armenian regions have already received funding

ArmInfo. As of August 10 of the 170 programs submitted to the Ministry of Territorial Administration and Development of Armenia, which is responsible for the adoption of regional investment projects, 14 are financed. Earlier, the Armenian government has discussed 108 of them, 58 approved.  As the press-service agency, at this point we have already been approved and financed 14 investment projects of Lori, Gegharkunik, Tavush, Aragatsotn, Armavir, Vayots Dzor, Kotayk region of Armenia.  Received funding for the program concerned, in particular, the development of livestock (community Ayrum, Lori region), production of canned products (Vanadzor, Lori and community Koti, Tavush region), cheeses (the city of Sevan, Gegharkunik), goat cheese (Gohtanik, Vayots Dzor) dried fruit (Yeghegnadzor, Vayots dzor), breeding chinchillas (Vardenis, Gegharkunik region), growing strawberries multiple (Ijevan, Tavush and community Aytah Armavir region), the creation of grape / peach orchards (Karakert community Armaviskoy area), and development Horticulture (Hrazdan, Kotayk), expansion of tourism opportunities GHB community, Vayots Dzor region, the creation of production of metal goods (northern communities of Ashtarak, Aragatsotn region), restart the refrigeration sector (community acyclic, Armavir).

"The process of receiving applications continues. The programs, in particular concern the scope of the processing of agricultural products, tourism, mining, construction and hydro-electric plants, livestock, creating a machine and tractor stations and the development of light industry." said the agency. Earlier, the Minister of Territorial Administration and Development of Armenia David Lokyan stated at a meeting with journalists that for further financing of the projects, a special platform was created in the Central Bank of Armenia, which began to study their economic efficiency. "Only after that, it will be possible to finance programs through the relevant banks.In addition, the business will be given the opportunity to obtain loans at lower interest rates and on preferential terms," the minister assured.