Today in Yerevan Armenian Ministry of Nature and Lydian Armenia, future operator of Amulsar gold mine, signed the memorandum of understaning relating to establishment of Jermuk National Park.

The project of a national park in Jermuk is aimed at preservation of nature, introduction and development of eco tourism and eco agriculture.

Lydian Armenia will invest more than USD 5 million in the first 5 years of the Jermuk National Park project. The mining company prepares to involve the best global experts on nature protection in this project.

“Lydian Armenia adopted the policy of an exemplary mining industry from the very first day of its activity. We raised the standards we placed on ourselves by partaking in the Jermuk National Park project. This is the first example of a joint project between the Minsitry and a mining company, which I think will achieve success and become a model for other companies,” said Lydian Armenia Managing Director Hayk Aloyan.

According to Armenian Minister of Nature Artsvik Minasyan, this step marks beginning of a new culture of responsibility in Armenian economy and mining industry. “Lydian Armenia makes a real step in this direction, which we appreciate. The initiative will not only create enough a base for nature preservation and flourish in Jermuk, but also will bring to life one of the  important directions of the government’s program – the policy of expanding national parks and creating one in Jermuk,” the Minister said.

Artsvik Minasyan noted it was a good start and a wonderful opportunity for private companies to become involved in realization of the government’s policy.