Opening of "Yeremyan Projects" Farm in Tashir Community

02.11.2023
On October 28, in the Tashir community of Armenia's Lori Province, a momentous event marked the official opening of the first-of-its-kind and unique livestock complex by "Yeremyan Projects.”
Distinguished guests at the opening ceremony included representatives from the RA government, the Eurasian Development Bank (EDB), partner organizations, and the team of "Yeremyan Projects."

This major investment project started in 2022, following the signing of a memorandum of cooperation between the RA government, the Eurasian Development Bank, and “Yeremyan Farm.” The memorandum's primary objective was to ensure food security and sustainable economic development in Armenia's agro-industry sector.

Under the terms of the memorandum, the program’s total budget was 43.5 million US dollars. Within the framework of the project, approximately 300 hectares of land were acquired in the Tashir community, and approximately 70,000 square meters of infrastructure were constructed and furnished in a 32-hectare area. The construction works lasted for 14 months.
As David Yeremyan said “To achieve such a result in such a time frame is, in a word, fantastic. And I want to thank our entire team for the work done. The team was the driving force that made me believe in our strength, inspired me and convinced me that we will have success. And thanks to their daily dedicated and responsible work, we have such a result.



I am grateful to the all the parties, who invested in the project - the Government of the Republic of Armenia, the Eurasian Development Bank, HSBC Bank for their trust and support. Thanks to our partners this mega-project has become a reality.”

The livestock complex comprises a cattle-breeding farm, featuring 2 buildings of livestock barns for 1500 animals providing 40-45 liters of milk per day, a rotary automated milking parlor, feed crushing machine and feed warehouse, a parking area for agricultural machinery, a spacious hay warehouse, silage, and manure disposal wells. The pig farm of the livestock complex, intended for 560-580 sows which will annually produce 17000 animals, has 3 livestock barns, a feed crushing machine and feed warehouse, and manure disposal wells. Administrative buildings accompany each unit, including comfortable and modernly equipped offices, spacious meeting halls, individual offices, and a kitchen.
The construction works are almost done in the factory in Yerevan, where dairy and meat products will be processed. Currently, equipment installation and renovations for auxiliary spaces are ongoing, with completion expected by the end of the year.



Davit Yeremyan emphasized the unprecedented nature of this project for both Armenia and the industry. He stated, “Within the framework of this program, “Yeremyan Projects” invests in two regions of Armenia: a modern milk processing plant is under construction in Yerevan, and a livestock complex has been built in Tashir community of the Lori Province. I have always maintained that this project is a matter of personal pride, as well as for the “Yeremyan Projects”. I am elated and proud that we have upheld this honor and now present to you a unique livestock complex, not only in Armenia but also in the region. With this program, we have taken on the tremendous responsibility of fostering a new culture of modern livestock farming, dairy production, and dairy consumption in Armenia. And today, as a result of this program, featuring state-of-the-art farms of this magnitude and quality, equipped with advanced technology, we can confidently assert that we have successfully achieved our mission. First and foremost, such farm management addresses the critical issue of food security, which was one of our primary objectives.”
This program has significantly contributed to employment in the province, with the local population of Lori Province constituting the primary workforce during the construction phase. The operation of the livestock complex is anticipated to create up to 120 jobs.








The complex will operate as a closed chain, ensuring the production, supply, and consumption of high-quality milk and dairy products.