Wednesday, December 28 2022 17:49

ArmInfo. In 2022, the Zangezur Copper-Molybdenum Combine (ZCMC), through the implementation of various social and community development programs in the enlarged  communities of Kajaran and Kapan, made investments in the amount of  about 3.5 billion drams. This was reported by the press service of  the company.

In particular, in the enlarged community of Kapan, ZCMC invested over  1.9 billion drams in the development of infrastructures, social  construction, including over 525 million drams in healthcare  programs, etc., and the enterprise directed 1.5 billion drams in  various programs in the field education, development, sports,  culture, and social assistance.

The Zangezur Copper-Molybdenum Combine allocated more than 1.5  billion drams to the enlarged community of Kajaran, of which 900  million - for the development of infrastructure, the implementation  of social and other construction programs, and 600 million drams -  for the development of social assistance, education, culture and  sports.

It should be reminded that the GeoProMining Group of Companies, one  of the largest industrial investors in Armenia, has been operating in  the country for 15 years. The Armenian assets of the group also  include Sotk gold mine,  Ararat  gold recovery plant and Agarak  Copper-Molybdenum Combine.  Over 15 years of operation, the group has  invested more than 400 million US dollars in the modernization of its  Armenian enterprises. The amount of the Group's social investments in  the development of the regions of presence exceeds USD 10 million.