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THE RENOVATION OF COMMON USE PREMISES IN MULTI-APARTMENT BUILDINGS IN VANADZOR PROCEEDS
News from Armenia and Diaspora - Noyan Tapan
01-11-2012 12:20:43 | | Economy
Yerevan, November 1, 2012. Within the framework of the renovation
project of common use premises in multi-apartment buildings the
roof renovation of the second building has already started in the
Vanadzor city.
Habitat for Humanity Armenia Foundation, together with Inecobank CJSC
is implementing a two-year repair project of apartment buildings, the
aim of which is to help 200 families living in apartment buildings to
repair common use premises including roofs, entrances, water pipes,
elevators, as well as ensure heat isolation of the buildings.
The pilot project launched in Vanadzor city of Lori region in July
2011, apartment buildings of which have abundant issues relating to
conditions of common use premises.
The project is implemented in close cooperation with Vanadzor
municipality, and as a result the latter provides 40% subsidy.
Habitat for Humanity Armenia plans to expand the scope of the project
throughout Armenia by implementing it in all regions of RA.
"I should note that this project is very important and at the same time
is hard to implement since citizens of RA do not attach importance to
the improvement of common use premises and are not ready to pay for
solving these problems. In this respect a lot of work should be done
to increase the role and responsibility of the residents towards the
improvement of common use premises. Since 2011 Habitat for Humanity
Armenia has been carrying out awareness-raising activities in this
field, and today we can see the results. On behalf of our staff I
would like to express my deepest gratitude to the mayor of Vanadzor
Samvel Darbinyan for his invaluable assistance and I hope that our
close cooperation will be a prerequisite to the partnership with
other municipalities of RA."- said Karine Mailyan Housing Finance
Manager of Habitat for Humanity Armenia foundation.
Gagik Arzumanyan, Branch Manager of Inecobank in Vanadzor, mentioned
"Being a socially responsible organization, we are glad that Inecobank
and Habitat for Humanity Armenia Foundation joined efforts to launch
the roof renovation of the second building within the scopes of the
project. The start shows that the level of awareness in the field of
financial services is increasing and communities show willingness
to start an effective cooperation with the Bank. It is noteworthy,
that the issue of upgrading common use premises can successfully
be solved through a most efficient financial product developed by
Inecobank for this project."
*** Habitat for Humanity Armenia is the national office of Habitat
for Humanity International in Armenia. Habitat for Humanity Armenia
Foundation is a Christian non-profit organization dedicated to the
cause of eliminating poverty housing and improving housing conditions
of families with low income. Habitat Armenia renovates and repairs
homes, and advocates for simple and affordable housing. It has
been active since 2000 and has supported more than 1700 families
through reconstruction and repairs, as well as provision of housing
micro-finance services in partnership with financial organizations.
For more information visit www.habitat.am *** Inecobank CJSC was
established in 1996 and is a dynamically developing bank offering
universal services in the financial services market in Armenia. Its
goal is to promote the development of private sector - acting as a
reliable and loyal partner and consultant for micro, small and medium
business and individuals. As of 31 March 2012 the bank had AMD 86
billion in assets, and AMD 15.9 billion as fixed capital.
Inecobank has over 25 foreign partners which include International
Finance Corporation (IFC), German Investment and Development Company
(DEG), European Bank for Reconstruction and Development (EBRD),
Asian Development Bank (ADB) and others. For more information about
Inecobank, visit: http://www.inecobank.am
News from Armenia and Diaspora - Noyan Tapan
01-11-2012 12:20:43 | | Economy
Yerevan, November 1, 2012. Within the framework of the renovation
project of common use premises in multi-apartment buildings the
roof renovation of the second building has already started in the
Vanadzor city.
Habitat for Humanity Armenia Foundation, together with Inecobank CJSC
is implementing a two-year repair project of apartment buildings, the
aim of which is to help 200 families living in apartment buildings to
repair common use premises including roofs, entrances, water pipes,
elevators, as well as ensure heat isolation of the buildings.
The pilot project launched in Vanadzor city of Lori region in July
2011, apartment buildings of which have abundant issues relating to
conditions of common use premises.
The project is implemented in close cooperation with Vanadzor
municipality, and as a result the latter provides 40% subsidy.
Habitat for Humanity Armenia plans to expand the scope of the project
throughout Armenia by implementing it in all regions of RA.
"I should note that this project is very important and at the same time
is hard to implement since citizens of RA do not attach importance to
the improvement of common use premises and are not ready to pay for
solving these problems. In this respect a lot of work should be done
to increase the role and responsibility of the residents towards the
improvement of common use premises. Since 2011 Habitat for Humanity
Armenia has been carrying out awareness-raising activities in this
field, and today we can see the results. On behalf of our staff I
would like to express my deepest gratitude to the mayor of Vanadzor
Samvel Darbinyan for his invaluable assistance and I hope that our
close cooperation will be a prerequisite to the partnership with
other municipalities of RA."- said Karine Mailyan Housing Finance
Manager of Habitat for Humanity Armenia foundation.
Gagik Arzumanyan, Branch Manager of Inecobank in Vanadzor, mentioned
"Being a socially responsible organization, we are glad that Inecobank
and Habitat for Humanity Armenia Foundation joined efforts to launch
the roof renovation of the second building within the scopes of the
project. The start shows that the level of awareness in the field of
financial services is increasing and communities show willingness
to start an effective cooperation with the Bank. It is noteworthy,
that the issue of upgrading common use premises can successfully
be solved through a most efficient financial product developed by
Inecobank for this project."
*** Habitat for Humanity Armenia is the national office of Habitat
for Humanity International in Armenia. Habitat for Humanity Armenia
Foundation is a Christian non-profit organization dedicated to the
cause of eliminating poverty housing and improving housing conditions
of families with low income. Habitat Armenia renovates and repairs
homes, and advocates for simple and affordable housing. It has
been active since 2000 and has supported more than 1700 families
through reconstruction and repairs, as well as provision of housing
micro-finance services in partnership with financial organizations.
For more information visit www.habitat.am *** Inecobank CJSC was
established in 1996 and is a dynamically developing bank offering
universal services in the financial services market in Armenia. Its
goal is to promote the development of private sector - acting as a
reliable and loyal partner and consultant for micro, small and medium
business and individuals. As of 31 March 2012 the bank had AMD 86
billion in assets, and AMD 15.9 billion as fixed capital.
Inecobank has over 25 foreign partners which include International
Finance Corporation (IFC), German Investment and Development Company
(DEG), European Bank for Reconstruction and Development (EBRD),
Asian Development Bank (ADB) and others. For more information about
Inecobank, visit: http://www.inecobank.am