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.
