Armenia’s Kotayk eyes on center stage!


Attempting to become
a major diamond industry center

The diamond industry in Armenia’s Kotayk Province is experiencing noticeable progress and the number of business operators in the sector is expected to grow soon. Kotayk Governor Romanos Petrosyan told that the city of Abovyan currently has a diamond manufacturing company with 80-100 employees.

“There are businessmen who intend to attract major investments by working in Abovyan, associated with the post-revolutionary political situation. Concrete steps are already being made in this direction. Large scale construction has recently commenced in Abovyan, in the territory of the former Sirus factory.

The diamond industry plants will be located here. It is planned that Hong Kong and Dubai based diamond manufacturers will open offices in Abovyan and will start production,” the governor said, adding that according to the business plan 3000 jobs will be created in the coming years.

He said the companies are also planning to conduct training programs so that skilled specialists will be available simultaneously with the completion of the construction. Governor Petrosyan has already met with the businessmen and offered his support.

There is currently 7-8 medium diamond manufacturing companies operating in Kotayk, with the production being exported to Russian and European markets. The next direction that the province is developing is tourism. Soon the province will have two new major hotel complexes. Local authorities are also developing eco-tourism infrastructures in high altitude mountainous areas.

Petrosyan says they also highlight intensive gardening and technological agriculture. There are about 90 hectares of greenhouse businesses in the province, with an additional 17 hectares under development. Projects are also planned in the renewable energy sector.

Wind power stations will be constructed in accordance to a memorandum singed with a joint Italian-Spanish enterprise. Several communities will also have solar power stations.


Comments

Post a Comment

Popular posts from this blog

AI, virtual reality & big data impacts on industry

Image
CIBJO Technology Committee publishes the Report!     With just six days to go to the opening of the 2023 CIBJO Congress in Jaipur, India, on October 3, 2023, the tenth and final edition of this year’s pre-congress special reports has been released. Prepared by the CIBJO Technology Committee, headed by Stéphane Fischler, the report looks at the impacts of new technologies on the jewellery industry, and in particular those related to artificial intelligence, virtual and augmented reality, and big data.   “We need to learn as we move along, investing in digital infrastructure and talent, and using the data we capture in a legal and optimal fashion,” Fischler writes. “To prosper in this brave new world, we have to innovate in order not to be left behind.”   All of the various system discussed are dependent on the availability of data, collected via the Internet, and also increasingly from the data generated by the new technologies being introduced, he states. “But it is not enough t
Read more

BFC & Pandora announce the fashion awards

Image
Ties principal partnership for TFA 2023 The British Fashion Council (BFC) is delighted to welcome Pandora, the world’s largest jewellery brand, as the Principal Partner of The Fashion Awards 2023 (TFA) taking place in London on Monday 4th of December at the Royal Albert Hall.  The BFC and Pandora will work together to evolve TFA 2023 presented by Pandora as a global entertainment platform, celebrating fashion's role at the intersection of culture and entertainment, spotlighting creative talent and telling the stories of the year in fashion through the lens of purpose, excellence and creativity. The event also serves as the primary fundraiser for the BFC Foundation.   
Read more

GJEPC championing talent, celebrate design & craftsmanship

Image
The 7th Artisan Jewellery Design Awards held in Mumbai   The 7th edition of The Artisan Jewellery Design Awards, hosted by the Gem & Jewellery Export Promotion Council (GJEPC) and powered by GIA, challenged designers to tap uncharted territory by integrating unusual materials and cherished objects into their jewellery designs, to infuse their pieces with a unique identity.   Actress and style icon Sonam Kapoor graced GJEPC’s 7th edition of Artisan Jewellery Design Awards in Mumbai and presented awards to winners. Sonam Kapoor graced the stage with an aura of elegance and charisma along Vipul Shah (Chairman, GJEPC); Kirit Bhansali (Vice Chairman, GJEPC); Sriram Natarajan (Managing Director, GIA India); Milan Chokshi (Convener, Promotions & Marketing, GJEPC); Sabyasachi Ray (Executive Director, GJEPC) bestowed the coveted awards upon 6 Artisan winners.  This year the theme for the Artisan Jewellery Design Award were two unconventional themes - Objet Trouvé (Found Objects) and
Read more