Institute of Hydroponics Problems after G.S. Davtyan Division of Natural Sciences |
N | Investment project title | Biotechnology of medicinal and spice plants production by hydroponic method | |
1. | Sector | Health care, food industry, agriculture, military forces, nature protection |
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2. | Project description | Hydroponic culture of medicinal and spice plants contributes to the obtaining of ecologically safe, quality raw material with high pharmaceutical, taste and other qualitative features. It reveals and maximally uses potential opportunities of plant due to the controlling and optimization of cultivation conditions, it contributes to the increasing of plants’ productivity 5-6 times from unit nourished surface. Through the application of a closed system, the loss and expenses of water and nutrients (per unit surface and yield) are minimized and due to the production process (mostly automated) it provides a lower cost price. Through the application of a closed system ecological pollution of the environment is excluded, as well as the risk of spread and outbreak of diseases is minimized. |
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3. | Project implementation period | 1 year | |
4. | Project location | Etchmiadzin Hydroponic Station of G.Davtyan Institute of Hydroponics Problems of NAS RA | |
5. | Project overall cost (USD) | 472.500 | |
6. | Required investments (USD) | 122.500 | |
7. | Own funds (USD) | Providing of the hydroponic station with cost about 350.000 | |
8. | Creation of jobs | At the beginning of the project | At the end of the project |
15 | 35 | ||
9. | Payback period | 1.7 year | |
10. | Annual profitability index | In case of medicinal plant mint - 20.3%, In case of spice plant basil - 18.6% | |
11. | Detailed costs | Preparation of the hydroponic station for exploitation - approximately USD 20.800 (only in the 1st year) |
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12. | Offer to investor | To organize soilless production of a number of valuable and rare medicinal and spice plants at the Etchmiadzin hydroponic station (with 2,3 ha total or 1 ha nourished surface) in collaboration with the Institute and on joint, mutually beneficial basis. |
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13. | Contact details | Albert Hovsepyan, Deputy Director of G.Davtyan Institute of Hydroponics Problems of NAS RA |
Pepper mint industrial plantation in outdoor hydroponics (Etchmiadzin) |
Basil industrial plantation in outdoor hydroponics (Etchmiadzin) |