YEREVAN. - Armenian Government held the meeting of the Fund of Rural Economic Development in Armenia (FREDA) Board of Trustees, headed by Armenian PM Tigran Sargsyan on Tuesday.

Director of the fund Tigran Khanikyan presented the draft of FREDA strategic development for 2011-2015. He noted that in 2011 the amount of the investment portfolio will be AMD 1.6 billion ($4.3 million), government press service informed Armenian News-NEWS.am.  

This amount will be allocated for investment programs on processing of agricultural products, dairy products, fruit and vegetable canning, wine, poultry, fish farming, processing and establishment of farms and greenhouses.