A wool-processing factory is being established in Shirak marz, including infrastructure and production lines. The former cinema building, which was not being used, has been turned into a wool-processing factory after renovation and will provide jobs to not only the residents of Amasia, but also the surrounding communities. The equipment will mainly be imported from Italy and China, but domestic equipment will also be used for production. It is expected that the equipment will be installed in the middle of February, and the factory will be officially opened in April. The project is funded by the EU and the Ministry of Territorial Administration and Development of Armenia through the Pilot Regional Development Programme (PRDP). This two-year project has a total budget of €549,819 (the EU contribution is €335,000).
Learn more - http://eunewsletter.am/?p=47416264