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Blocks Of Apartments In The Place Of Furniture Factory

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  • Blocks Of Apartments In The Place Of Furniture Factory

    BLOCKS OF APARTMENTS IN THE PLACE OF FURNITURE FACTORY

    KarabakhOpen
    19-03-2008 11:59:00

    The NKR government decided on March 18 to reorganize the Furniture
    Factory of Stepanakert into Stepanakert Office of Implementation
    of Investment Programs. According to the order of the government,
    the public property run by the factory of furniture is transferred
    to the Office of Investment Programs. The government has allocated
    16.2 million drams from the Reserve Fund to sustain the Office.

    According to Prime Minister Ara Harutiunyan, after the demolition of
    the buildings of the furniture factory destroyed by the war blocks
    of apartments will be built on private investments, which will be
    sold to the citizens on mortgage loan.
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