Large greenhouses have potential for growth in Armenia

Many Diaspora Armenians, after the independence of Armenia, visited their Hayrenik and bought a “piece of the motherland”. Having bought acres of land in Armenia gave a sense of pride to many, yet they also wondered what the best way to optimize their land investment in Armenia could be.

A recent study conducted by Ameria Advisory offers outstanding data on Armenia’s agriculture and potential areas of business development, such as greenhouse farms, gardening and fish-farming.

According to the study, agriculture is currently the largest field in Armenia’s economy, with 19 percent share of GDP in 2012. In fact, this makes Armenia’s agriculture number one in terms of its share of GDP in a country’s economy among 37 countries in the region.

Greenhouses

According to the study there are more than 900 greenhouses (130 hectares) operated in Armenia. The largest greenhouse in Armenia is about 5 hectares. Vegetables make 60% of greenhouse production. 40% of greenhouses produce flowers and decorative plants. Most greenhouses specialize in producing tomatoes, cucumbers, beans and peppers.

Ameria experts anticipate average growth for greenhouses in the upcoming 5 years for large greenhouses, yet small and medium greenhouses do not seem to show great promise of growth. Turning your land into a large greenhouse farm might be the way to optimize your land.

Source: asbarez.com