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Forests in Arzni and Nubarashen Restored

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  • Forests in Arzni and Nubarashen Restored

    FORESTS IN ARZNI AND NUBARASHEN RESTORED

    YEREVAN, SEPTEMBER 7. ARMINFO. The Forests Restoration and Development
    Fund of Armenian jointly with the Armenian Agricultural Ministry has
    elaborated two programs on restoration of forests in Arzni and
    Nubarashen. Executive Director of FRDF Vladimir Movsisyan made this
    statement at a discussion at the Armenian Government today.

    He said design and calculation documents on restoration of forests in
    the given zones have already been prepared. Thus, restoration of the
    forests in Arzni will require 171 mln 48 thousand AMD, those in
    Nubarashen - 92 mln 593 thousand AMD. Movsisyan said construction of a
    pumping stations, power substations and electric lines is over. He
    said the fund has fulfilled all the programs planned for the first
    half of 2005 on the whole. Movsisyan said forests are restored mainly
    on the charitable funds. Thus, Yerevan Brandy Company finances a
    program on restoration of forests in the community of Jrambar,
    Aragatsotn region. The program'' implementation will require 8 mln 850
    thousand AMD, Movsisyan said. Besides, he said in the first half of
    2005, the fund received a 17 mln 760 thousand AMD financial charitable
    assistance. He said expenses for the fund's staff have been
    considerably reduced, that is 7 mln 574 thousand AMD instead of the
    planed 13 mln 728 thousand AMD. Executive Director said the fund
    provided 5 mln AMD to the "Green Country" organization for
    beautification of the territories nearing highways.

    In his turn, Vice mayor of Yerevan Kamo Areyan said as of September 5
    2005, the proceeds from the auction sale of the funds of Nork forests
    were 857 mln 677.5 thousand AMD. 171 mln 400 thousand AMD of the sum
    were transferred to the Ministry of Agriculture for financing of
    programs of restoration of forests.
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