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Article: Government Says Diamond Processing Is Promising Field In Armenia

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The Armenian Reporter
Article date:
August 29, 1998
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Armenian Reporter, The
08-29-1998
Government Says Diamond Processing Is Promising Field In Armenia

With the announced creation of a new state diamond-processing company, the Armenian government hopes that better prospects are being opened for the development of that industrial branch in Armenia, which would turn it into an important international production hub. The new enterprise, called the Armenian Diamond Company (ADC), has been set up on the basis of another state firm, the Shoghakn diamond-processing factory, dissolved earlier this year. The difference is that ADC is not intended to engage in manufacturing operations. Its task is perhaps more difficult: to help the growing number of ...

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