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Bio Cluster:Corn Processing
Project Cost:
$ 120,000,000
Internal rate of return (IRR) 25%
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PROJECT DESCRIPTION
Investment Plan (1)
Disclaimer
The target of the project is to establish a business of manufacturing products with high added value based on deep processing of corn.Three Stages of Business Development are the following:
Stage 1
- Agriculture enterprise of raw material cultivation
-Corn processing plant (capacity 300 ton per day)

Stage 2
-Expansion of the corn processing plant (capacity up to 500 ton per day)
- Cattle breeding complex

Stage 3
-Expansion of the capacity of corn grain processing plant up to 1000 ton per day
-Starch processing plant
-Meat processing company
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The mention of names of specific companies or products (whether or not indicated as registered) does not imply any intention to infringe proprietary rights, nor should it be construed as an endorsement or recommendation on the part of the Ministry of Economic Development and Investments of the Republic of Armenia.
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