June 28, 2011 - 19:49 AMT
FREDA to allocate AMD 1,6 bln to agriculture development in Armenia

Armenian government hosted the sitting of the Fund for Rural Economic Development in Armenia (FREDA) board of trustees led by Prime Minister Tigran Sargsyan.

Mr. Khanikyan briefed those present on 2011-2015 FREDA strategic development program, further ratified by the board of trustees.

As he noted, in 2011, AMD 1,6 billon in investments will be allocated to implementation of programs for agriculture products processing, manufacturing of diary products, canning fruit and vegetables, winemaking, poultry and fish farming, greenhouse construction.