GARBAGE CAN BECOME SOURCE OF INCOME

A1+
[07:37 pm] 06 February, 2007

Alongside with the facilitation of the ecological problem, the
Nubarashen dump will provide 40 million AMD annual income.

Japanese "Shimgu" Corporation intends to build a bioelectrostation in
the dump. In case the proposal is endorsed the company will initiate
the construction in 2007. The program which costs over 8 million USD
has already been endorsed by the RA Ministry of Environment Protection
and Yerevan Municipality.

"Environment" LTD has considered the above-mentioned project
thoroughly. Vram Tevosyan, head of the company, assumes that the
construction of suchlike station can be favourable for Armenia
though the litter-burning won’t give too much energy. Only the litter
accumulated by 1960 will be burnt. As for the remainder, the methods
applied in the European countries, such as garbage sortation and its
further working out, will likely be applied.

Currently, over 41 million AMD is spent on the the Nubarashen
dump. After the project implementation the sum will reduce to 1
million AMD.

To note, garbage has been a stable source of income and the best way
of business all over the world. For instance, 40 % of energy comes
from garbage in Denmark, whereas in Germany litter is used in all
spheres after being sorted and worked out.

By the way, the Japanese corporation will not get direct income
from Armenia.