EBRD supports innovation in Armenia’s dairy sector
A recent forum was organized by the EBRD, ‘Innovation and Knowledge-Sharing in the Dairy Sector,’ with the support of the Armenian Ministry of Agriculture.
Around 80 participants - including commercial dairy farmers, local dairy producers and industry experts - learned about advances in the dairy sector.
They were illustrated by regional case studies from Armenia, Georgia and Ukraine. They also discussed policy and investment priorities that could help the introduction of best practices in Armenia.
The aim of the event was to improve the quality and safety of Armenia’s dairy products and raise the competitiveness of the country’s agribusiness sector.
Study looks to modernization
According to a study commissioned by the EBRD, Armenia’s dairy sector is dominated by small producers using obsolete technologies. The producers are hampered by low productivity and poor standards of production.
The study also suggests that modernization of the production process is needed to improve the quality and safety of local dairy products.
Following the forum, Armenian famers are being offered training to improve milk production, handling and marketing.
Potential for development
Mark Davis, head of the EBRD’s Yerevan resident office, said the sector contributes around 21% to the country’s GDP and employs around 36% of the workforce.
“At present, we see huge potential for the further development of the dairy sector in Armenia. Increased productivity and better milk quality will help companies to win greater access to finance and attract strategic investors,” he said.
