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HAYASTAN FUND, MOSCOW BENEFACTOR RENOVATE RETIREMENT HOME IN KARABAKH
news.am
June 20 2011
Armenia
The Hayastan All-Armenian Fund has launched extensive renovations
of a landmark Nagorno-Karabakh institution, the Stepanakert
Retirement Home. The large-scale project was initiated by Moscow-based
industrialist Armen Shakhazizyan, who has donated U.S. $400,000 for its
realization, and is co-financed by the government of Nagorno-Karabakh.
The only one of its kind in the republic, the Stepanakert
Retirement Home accommodates 100 seniors, many of whom have physical
disabilities. In addition, it provides supportive services to some
150 seniors at their residences.
"Our roster of major benefactors has been expanded with the addition
of yet another exemplary Armenian, namely Mr. Armen Shakhazizyan,
founder and CEO of the Luding group of companies," said Ara Vardanyan,
executive director of the fund.
"In addition to contributing $300,000 toward Artsakh
water-infrastructure initiatives at our Moscow Gala, Mr. Shakhazizyan
has gone on to make a project-specific donation, seeking to help
elderly individuals in Artsakh live a more dignified life."
Apart from being a benefactor of the fund, Shakhazizyan is a
vice-president of the National Olympic Committee of Armenia and an
ongoing supporter of various development initiatives in both Armenia
and Artsakh.
news.am
June 20 2011
Armenia
The Hayastan All-Armenian Fund has launched extensive renovations
of a landmark Nagorno-Karabakh institution, the Stepanakert
Retirement Home. The large-scale project was initiated by Moscow-based
industrialist Armen Shakhazizyan, who has donated U.S. $400,000 for its
realization, and is co-financed by the government of Nagorno-Karabakh.
The only one of its kind in the republic, the Stepanakert
Retirement Home accommodates 100 seniors, many of whom have physical
disabilities. In addition, it provides supportive services to some
150 seniors at their residences.
"Our roster of major benefactors has been expanded with the addition
of yet another exemplary Armenian, namely Mr. Armen Shakhazizyan,
founder and CEO of the Luding group of companies," said Ara Vardanyan,
executive director of the fund.
"In addition to contributing $300,000 toward Artsakh
water-infrastructure initiatives at our Moscow Gala, Mr. Shakhazizyan
has gone on to make a project-specific donation, seeking to help
elderly individuals in Artsakh live a more dignified life."
Apart from being a benefactor of the fund, Shakhazizyan is a
vice-president of the National Olympic Committee of Armenia and an
ongoing supporter of various development initiatives in both Armenia
and Artsakh.