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Lebanese Armenian Businessmen To Build Township In Karabakh Village

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  • Lebanese Armenian Businessmen To Build Township In Karabakh Village

    LEBANESE ARMENIAN BUSINESSMEN TO BUILD TOWNSHIP IN KARABAKH VILLAGE

    11:30, 15 January, 2014

    YEREVAN, JANUARY 15, ARMENPRESS: To stand alongside the Artsakh people,
    to support the resettlement programs and contribute to the development
    and revival of the Nagorno Karabakh Republic. To achieve that goal,
    three years ago ARI (Artsakh Roots Investment) organization decided
    to make investments in Artsakh.

    In the first program, launched three years ago, about 100 businessmen
    provided credits for the implementation of the agricultural and
    livestock programs of 800 immigrants of Kashatagh region, in the
    result of which today Kashatagh is one of the agricultural centers
    of the country with 6,000 hectares of land and about 2,000 livestock.

    "During the meetings with the people, president and the prime minister
    of Artsakh, we understood that parallel to the providing of living
    means, it is necessary to think about the housing problems of the
    immigrants, creation of the comfortable and favorable conditions for
    their living and working. For that particular reason 57 Diaspora
    Armenian businessmen concentrated their attention to the Aghavni
    Village of Kashatagh region, being the gates to Artsakh, and decided to
    build a small township there. No land will be resettled and no economy
    will be developed only with charity. Due to the cooperation with the
    Government of Karabakh, we managed to convince the Lebanese businessmen
    to make investments in the motherland, instead of the foreign shores",
    - said the Deputy Executive Director of Artsakh Roots Investment,
    the Lebanese Armenian Benjamin Bchakchyan, stating that $2 million
    has already been collected for the building of apartments.

    After the construction of the township, the Government of the Nagorno
    Karabakh Republic will implement the resettlement program with low
    mortgage interest rates or other social programs. The Deputy Prime
    Minister of Artsakh Arthur Aghabekyan stated that thus a mortgage
    market will be formed in Karabakh.

    Lebanese Armenian businessmen to build township in Karabakh village

    11:30, 15 January, 2014

    YEREVAN, JANUARY 15, ARMENPRESS: To stand alongside the Artsakh people,
    to support the resettlement programs and contribute to the development
    and revival of the Nagorno Karabakh Republic. To achieve that goal,
    three years ago ARI (Artsakh Roots Investment) organization decided
    to make investments in Artsakh.

    In the first program, launched three years ago, about 100 businessmen
    provided credits for the implementation of the agricultural and
    livestock programs of 800 immigrants of Kashatagh region, in the
    result of which today Kashatagh is one of the agricultural centers
    of the country with 6,000 hectares of land and about 2,000 livestock.

    "During the meetings with the people, president and the prime minister
    of Artsakh, we understood that parallel to the providing of living
    means, it is necessary to think about the housing problems of the
    immigrants, creation of the comfortable and favorable conditions for
    their living and working. For that particular reason 57 Diaspora
    Armenian businessmen concentrated their attention to the Aghavni
    Village of Kashatagh region, being the gates to Artsakh, and decided to
    build a small township there. No land will be resettled and no economy
    will be developed only with charity. Due to the cooperation with the
    Government of Karabakh, we managed to convince the Lebanese businessmen
    to make investments in the motherland, instead of the foreign shores",
    - said the Deputy Executive Director of Artsakh Roots Investment,
    the Lebanese Armenian Benjamin Bchakchyan, stating that $2 million
    has already been collected for the building of apartments.

    After the construction of the township, the Government of the Nagorno
    Karabakh Republic will implement the resettlement program with low
    mortgage interest rates or other social programs. The Deputy Prime
    Minister of Artsakh Arthur Aghabekyan stated that thus a mortgage
    market will be formed in Karabakh.

    http://armenpress.am/eng/news/746236/lebanese-armenian-businessmen-to-build-township-in-karabakh-village.html

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