Alaverdi Is Becoming Socially Vulnerable

ALAVERDI IS BECOMING SOCIALLY VULNERABLE

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[05:15 pm] 17 December, 2007

more images Alaverdi’s copper-molybdenum factory will likely close
down in 2008. The factory belongs to "ACP" CJSC. Local residents are
seriously concerned over the factory’s impending closure as it feeds
over 1100 families.

"The closure will cause unemployment. We shall return to the 90s. Today
we can hardly afford our bare necessities with salaries. What will
become of us if the factory is closed down? It is an anchor of hope
for many families," residents say.

34-year-old Hrachia Mikayelian compares the closure with a son’s death.

"ACP" Director Nikolay Feofanov states the closure is determined by
high taxes of gas, electricity and waste.

Nikolay Feofanov states the employees will get jobs at Teghut’s
copper-molybdenum mine. But the construction of roads of this
infrastructure will take four years.

Today, the specialists of the factory get a salary of 75 thousand AMD
a month. They can hardly afford daily bread with the sum. Judging by
the current scene in the town we can assume that Alaverdi will soon
become socially and ecologically vulnerable.