Armenia has 2.1 million hectares of agricultural land, 72% of the country’s land area. In 2006, 46% of the work force was employed in agriculture (up from 26% in 1991), and agriculture contributed 21% of the country’s GDP.
TECHNICAL REAL ESTATE DEVELOPMENT found huge potential in the business of agricultural land in Armenia and is investing about 10 million dollarsin the field of agricultural land in Armenia. We already have 1,000,000 Sq Mtrs of land in Parpi region and expanding the business. The land is suitable for various types of agriculture such as cultivation of wheat and barley as well as pasturage for sheep, goats, and horses. With the help of irrigation, figs, pomegranates, apricots, olives ,peaches, walnuts, and quinceenjoys a worldwide reputation.