Investment Projects, Business Armenia Self-sufficient Luxury Ranch | Page 11

Competitive Advantages Key factors determining the project marketability for foreign investors are as follows:  High self-sufficiency of the ranch that will be achieved through energy and food self- reliance; namely, the ranch will have the capacity to produce renewable energy required for running farm facilities as well as to provide meat and ecologically clean products for inner consumption.  Low operating expenses that will be mainly determined by small permanent staff and low-rate property tax. The personnel of 5-employees will be sufficient to provide the full operation of the ranch, while temporary workers will be hired during the peak harvesting seasons. Moreover, the low rate of property tax ranging between 0.1-1% will result in reasonable maintenance costs for property owner. 11