FUNDS FROM PRIVATIZATION OF AGRICULTURAL LANDS IN ARMAVIR MARZ AMOUNT TO 1 BLN DRAMS IN 2005

Noyan Tapan
Apr 19 2006

YEREVAN, APRIL 19, NOYAN TAPAN. The work done in Armavir marz in
2005 was summarized, as well as the programs to be implemented
this year were discussed during the April 19 working meeting of the
Armenian President Robert Kocharian and the governor of Armavir marz
Albert Heroyan. The President inquired about how the money received
from privatization of agricultural lands in Armavir is invested
in the local infrastructures. A. Heroyan said that 1 bln drams
(about 2.2 mln USD) from the sale of lands was mainly allocated for
the installation of gas supply system in the villages of Baghramian
region: 14 out of the 15 communities there will be supplied with gas
by late 2006. According to the governor, the land privatization also
allowed to create jobs. According to the RA President’s press service,
the opportunies of setting up small and medium processing enterprises
and improving the irrigation networks and community roads in Armavir
marz with financial resources of the Millennium Challenge Fund were
also discussed at the meeting. In terms of infrastructure development,
the governor attached importance to repairs of Yerevan-Armavir-Gyumri
motorway included in the Lincy program, which may enable to reduce
agriculatural produce sale expenses by nearly 30%.