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A Modern Greenhouse Complex Worth €9 Million Opens in Armenia

Greenhouse Complex
Arshaluis Mgdesyan
23.12.24 16:15
50

A state-of-the-art greenhouse complex has officially opened in Armenia, built with government subsidies and financing from a local bank. The opening ceremony was attended by Minister of Economy Gevorg Papoyan and his deputy Arman Khojoyan.

According to the Ministry of Economy's press service, the complex is equipped with French technology, built to European standards, and features automated microclimate control systems.

Currently, the operational greenhouse area covers 5 hectares, with plans to expand to 18 hectares in the future. This expansion will enable the cultivation and export of over 5,000 tons of produce.

At present, the complex is growing 177,000 pepper seedlings, with the first harvest expected in February 2025. Located at an altitude of 1,415 meters above sea level, the facility benefits from the region's abundant sunshine.

The planned annual production capacity of the complex is 1,500 tons of produce, which will be supplied to both the domestic market and exported to Russia, with future exports planned for the UAE and European countries.

The project also has a social impact: currently, about 60 people are employed at the facility, with plans to increase the number of jobs to 250.

According to Minister Papoyan, projects like this not only drive agricultural development but also contribute to the economic stability of rural communities. The government plans to expand its support for this sector further.

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