Armenia Industrial Automation and Control Tenders and Bids

Get access to latest Armenia industrial automation control tenders and bids. Find business opportunities and government contracts for Armenia industrial automation control tenders, Armenia automation equipment tenders, Armenia process automation tenders, Armenia building automation tenders, Armenia automation equipment tenders. Find Armenia industrial automation control bids, tenders, procurement, RFPs, RFQs, ICB. Search for Armenia industrial automation control tenders online. The Armenian economy contracted sharply in 2020, by 5.7%. In contrast it grew by 7.6 per cent in 2019, the largest recorded growth since 2007, while between 2012 and 2018 GDP grew 40.7%, and key banking indicators like assets and credit exposures almost doubled. Until independence, Armenia's economy was based largely on industry—chemicals, electronic products, machinery, processed food, synthetic rubber and textiles; it was highly dependent on outside resources. Armenian mines produce copper, zinc, gold and lead. The vast majority of energy is produced with imported fuel from Russia, including gas and nuclear fuel for Armenia's Metsamor nuclear power plant. The main domestic energy source is hydroelectric. Small amounts of coal, gas and petroleum have not yet been developed. Armenia's severe trade imbalance has been offset somewhat by international aid, remittances from Armenians working abroad, and foreign direct investment. Economic ties with Russia remain close, especially in the energy sector. Industrial automation deals primarily with the automation of manufacturing, quality control, and material handling processes. General-purpose controllers for industrial processes include programmable logic controllers, stand-alone I/O modules, and computers. Industrial automation is to replace the human action and manual command-response activities with the use of mechanized equipment and logical programming commands. Building automation is the automatic centralized control of a building's HVAC (heating, ventilation and air conditioning), electrical, lighting, shading, Access Control, Security Systems, and other interrelated systems through a Building Management System (BMS) or Building Automation System (BAS). The objectives of building automation are improved occupant comfort, efficient operation of building systems, reduction in energy consumption, reduced operating and maintaining costs, increased security, historical performance documentation, remote access/control/operation, and improved life cycle of equipment and related utilities.