Tierras De Armenia Company Intends To Build Agricultural Processing

TIERRAS DE ARMENIA COMPANY INTENDS TO BUILD AGRICULTURAL PROCESSING PLANT IN ARMAVIR MARZ

Noyan Tapan
Oct 17 2007

YEREVAN, OCTOBER 17, NOYAN TAPAN. Tierras de Armenia company
(Argentina) will build an agricultural produce processing plant in
the village of Arevadasht (Armavir marz). The company’s technical
advisor Daniel Tardito said at the October 17 press conference that
20 million dollars is needed for construction of the plant. It is
envisaged putting it into operation in 2009.

Tierras de Armenia company, which is owned by famous
Argentinian-Armenian businessman Eduardo Eurnekian, purchased a
2,300-hectare land plot in the same place three years ago and planted
fruit trees there, making investments of 30 million dollars. The
first crop of grapes has already been harvested.

In the words of D. Tardito, the company currently employs more than
700 local residents, while the operation of the plant will allow to
create new jobs.