Improvement of grape processing technology and seed separation/vegetable oil production

A new venture of the Areni community of the Vayots Dzor region will allow processing remnants of grape seed (winemaking) and get grapeseed vegetable oil through using the latest technology.

Based on the technology developed by the investment project, and based on its grape processing, the annual production of 66 tons of vegetable oil produced by the plant, according to the calculations, will provide 46,293.300 AMD net income, and will already close capital in the third year of its operation. All debts related to the project.

The capital investment payback period is 1.5 years.

At the start of the project, it is envisaged to create — 7 workplaces, and according to estimates for the project implementation it requires;

1st option – 142,544.000 AMD

2nd option – 145,959.000 AMD

The investment program will be implemented with the support of the marzpetaran/regional administration.

Contact Information:     

Department of Development Tourism and Analysis Programs,

Tel.: +374281 2 44 38

E-mail: vayotsdzor.tsragrer@mta.gov.am

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