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On 19 July the Amasia wool-processing factory, supported by the European Union, began operations. The factory was established within the framework of the “EU4Shirak: Wool for Jobs” project. The project is being implemented by People in Need – Armenia (PIN) in cooperation with Women’s Development “Resource Centre” Foundation, the Chamber of Commerce and Industry of Shirak marz and the Amasia Municipality. It is co-funded by the European Union and the Ministry of Territorial Administration and Infrastructure of the Republic of Armenia through the Pilot Regional Development Programme (PRDP). The project has a total budget of €549,819 (the EU contribution is €335,000) and it will run until 2020.
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