According to aristmarketing, Armenia is a landlocked country located in the South Caucasus region of Eurasia. It is bordered by Georgia to the north, Azerbaijan to the east, Iran to the south, and Turkey to the west. The country’s total area is 29,743 km2 (11,484 sq mi).
Georgia lies directly north of Armenia and is separated by a border measuring about 164 km (102 mi). This border was established in 1921 when both countries signed a treaty recognizing their respective borders.
Azerbaijan lies further east of Armenia and is separated by two different borders: one along its western coast measuring about 566 km (352 mi) and another along its eastern coast measuring about 811 km (503 mi). Both borders were established in 1921 following an agreement between both countries that recognized their respective borders.
Iran lies south of Armenia and is separated by a border measuring about 35 km (22 mi). This border was established in 1828 when both countries signed a treaty recognizing their respective borders.
Turkey also lies west of Armenia but further inland than Azerbaijan. It is separated from Armenia by two different borders: one along its western coast measuring about 246 km (153 mi) and another along its northern coast measuring about 311 km (193 mi). Both borders were established in 1921 following an agreement between both countries that recognized their respective borders.
The region surrounding Armenia has been inhabited since prehistoric times, with some notable ancient civilizations including Urartu, Hayasa-Azzi, Hittites and Armenians having lived there for centuries. In addition, it has been heavily influenced over the years by other powers such as Persia, Rome, Byzantium and Russia. As such, it has been subject to multiple invasions throughout history which have resulted in numerous changes to its political landscape as well as its culture and people.
Industry Sectors in Armenia
Armenia is a country located in the South Caucasus region of Eurasia. It has a unique mix of cultures, languages, and religions which contribute to its vibrant economy. Armenia’s industry sectors are diverse and range from mining, manufacturing, agriculture, to services.
Mining is one of Armenia’s major industries and is responsible for providing employment and generating revenue for the country. Armenia has many deposits of copper, molybdenum, gold, zinc, lead and other minerals that are mined for use in production processes or exported abroad. Mining also plays an important role in the development of infrastructure projects such as roads, railways and bridges.
Manufacturing is another key sector in Armenia’s economy. The major industries include food processing, textiles and apparel production as well as metalworking and machine building. Many of these industries have been successful in recent years due to increased export opportunities as well as foreign investments into the sector.
Agriculture is also an important industry in Armenia with crops such as wheat, barley, potatoes and fruits being grown on large farms throughout the country. Livestock farming is also an integral part of Armenian agriculture with sheep being one of the main livestock species raised by farmers across the country.
The service sector is another major contributor to Armenia’s economy with tourism being one of its most prominent components. Tourism has seen significant growth over recent years with visitors from all over the world coming to explore Armenia’s unique culture and landscapes. Other services include banking & finance as well as IT & telecommunications which have become increasingly important components within the Armenian economy over recent years due to advances in technology throughout the world.
Overall it can be seen that Armenia has a diverse range of industry sectors which contribute towards its vibrant economy providing employment opportunities for hundreds of thousands people while also generating revenue for government funds through exports or foreign investment into these sectors.
Construction Sector in Armenia
The Construction Sector in Armenia has been a major contributor to the country’s economic growth. The sector has experienced rapid growth in recent years due to increased foreign investments, government initiatives and a favorable business environment.
The construction industry in Armenia is mainly composed of residential and non-residential buildings. The residential segment includes the construction of single family homes, condominiums, apartments and other housing complexes. Non-residential buildings include office buildings, shopping centers, hospitals, educational institutions and other public facilities.
The construction industry is highly regulated by the government with strict regulations to ensure that all projects are up to standard and meet safety requirements. The Ministry of Urban Development is responsible for drafting regulations on construction projects while also providing technical assistance to developers.
In order to promote investment into the sector, the Armenian government has implemented various incentives such as tax exemptions for developers as well as subsidies for materials used in construction projects. This has led to an influx of foreign investments into the country which has resulted in an increase in both residential and non-residential building projects throughout Armenia.
The Armenian government has also implemented various infrastructure projects such as road networks, railways and bridges which have helped boost economic activity within the country while also providing employment opportunities for local workers. In addition to this, there have been various urban renewal initiatives which have seen old buildings replaced with modern ones throughout cities like Yerevan and Gyumri making them more attractive destinations for tourists from abroad.
Overall it can be seen that the construction sector plays an important role in Armenia’s economy providing employment opportunities for thousands of people while also contributing towards economic growth through increased foreign investment into infrastructure projects or urban renewal initiatives. The sector is closely monitored by the government with strict regulations ensuring that all building projects adhere to safety standards while incentives are provided to encourage further investments into this important industry.