{"id":260192,"date":"2025-02-06T14:40:06","date_gmt":"2025-02-06T10:40:06","guid":{"rendered":"https:\/\/armbanks.am\/?p=260192"},"modified":"2025-02-06T14:40:08","modified_gmt":"2025-02-06T10:40:08","slug":"armenia-to-start-providing-loans-of-up-to-15-billion-drams-for-the-creation-of-greenhouse-farms","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2025\/02\/06\/260192\/","title":{"rendered":"Armenia to start providing loans of up to 15 billion drams for the creation of greenhouse farms"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>YEREVAN, February 6. \/ARKA\/.<\/strong> On Thursday, the Armenian government approved a program to stimulate the development of modern, technologically advanced large greenhouse farms.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">As reported by Minister of Economy Gevorg Papoyan, there are currently greenhouse farms operating in Armenia with a total area of about 1,500 hectares, of which just over 250 hectares have been established using modern technologies.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Papoyan pointed out that state support for the creation of greenhouse farms is currently limited to 3 billion drams, which is insufficient to establish large-scale farms. To address this, the new program proposes allocating up to 15 billion drams in subsidized loans, enabling each beneficiary to create a modern greenhouse farm with an area of up to 20 hectares.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Under this scheme, 3 billion drams of the issued amount will be subsidized at 10% of the interest rate, loans between 3 billion and 9 billion drams will be subsidized at 9%, and the remaining funds will be subsidized at 8%.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">As a result of this decision, it is expected that by the end of 2026, 35 hectares of modern greenhouse farms will be established. ($1 = 396.58 drams).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On Thursday, the Armenian government approved a program to stimulate the development of modern, technologically advanced large greenhouse farms.<\/p>\n","protected":false},"author":5,"featured_media":260189,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[12315,12139,9216],"tags":[],"class_list":["post-260192","post","type-post","status-publish","format-standard","has-post-thumbnail","category-announces","category-economy-en","category-news"],"acf":[],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.8 - aioseo.com -->\n\t<meta name=\"description\" content=\"On Thursday, the Armenian government approved a program to stimulate the development of modern, technologically advanced large greenhouse farms.\" \/>\n\t<meta name=\"robots\" content=\"max-image-preview:large\" \/>\n\t<meta name=\"author\" content=\"engeditor\"\/>\n\t<meta name=\"google-site-verification\" content=\"l8sdBd3STQ6A37MF5AO_21FEwNPHg9tRpooOo3Wx_eQ\" \/>\n\t<link rel=\"canonical\" href=\"https:\/\/armbanks.am\/en\/2025\/02\/06\/260192\/\" \/>\n\t<meta name=\"generator\" content=\"All in One SEO (AIOSEO) 4.9.8\" \/>\n\t\t<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n\t\t<meta name=\"twitter:title\" content=\"Armenia to start providing loans of up to 15 billion drams for the creation of greenhouse farms - 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