ArmInfo. Subvention programs are the driving force of Kapan. This was stated by Advisor to the Governor of the Syunik region Karen Balyan to the regional television channel Syunik TV.
"This is not only the creation of new infrastructure, but also a sustainable foundation for the further development of the city," he emphasized. In 2023 alone, 11 subvention programs worth 2.7 billion drams were launched in Kapan, with co-financing from the state in the amount of 1.8 billion drams, the community - 900 million drams and the private sector represented by the Zangezur Copper and Molybdenum Combine (ZCMC) - 350 million drams.
In 2024, 15 subvention programs worth 2.2 billion were approved, of which 1.3 billion drams is the government's share, 870 million drams is the community's share, and 300 million drams is ZCMC. In 2025, 1 subvention program with several subprograms worth more than 2.2 billion drams has been approved in Kapan, of which 1.2 billion is the government's share, and the remaining amount will be provided by ZCMC.
