FOCUS WILL BE ON AGRIBUSINESS

KarabakhOpen
24-04-2007 13:04:44

In the framework of the government program on small and medium-sized
business assistance 796 million drams will be allocated for loans. The
bulk will be provided to agriculture.

180 million drams will be provided for wine growing, 140 million for
other spheres of agriculture, 50 million for services, 50 million for
hotel service, and 6 million drams will be provided for promotion of
businesses (ads, expos), the head of the Artsakh Development Agency
Armen Avagyan said in an interview with the Azat Artsakh.

According to him, this year industry has appeared first in the list
of the spheres which will get loans. In addition, the focus will be
on processing of agricultural products, for which 370 million drams
will be provided. Wineries may get 120 million drams of loans, meat
processing and dairy business will get 60 million drams, others will
get 80 million drams.