COMMODITY PRODUCTION IN SYUNIK UP 4.1 PERCENT

ArmenPress
Dec 7 2004

KAPAN, DECEMBER 7, ARMENPRESS: Authorities in the southern province
of Syunik said commodity production there grew 4.1 percent in the
first nine months of this year against the same period last year,
which, in terms of money, made around 58 billion Armenian drams. Like
previous years, the biggest contribution, around 90 percent, was made
by the province’s mining industry.

The share of electricity production in the reported period of time
was 5.5 percent. Overall 1.3 billion kilowatt/hours electricity was
generated there in nine months which was 1.2 percent less than during
the same time span last year. The province accounts in general for
25 percent of electricity production and 66 percent of electricity
generated by hydro power stations. Along with this the industrial
capacity of dozens of local enterprises remains idle.

According to another news from the region, the overall number
of employed people as of October 1, 2004 was 50,000, by 1,000
more than last year. The number of unemployed, according to local
employment centers, was 13,000. Almost half of them were in Kapan,
the administrative capital of the province, the lowest rate of
unemployment, 3 percent, was in Meghri.