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Businesses Of Russia And Armenia Should Help People Overcome Economi

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  • Businesses Of Russia And Armenia Should Help People Overcome Economi

    BUSINESSES OF RUSSIA AND ARMENIA SHOULD HELP PEOPLE OVERCOME ECONOMIC TRANSFORMATION - VARDANYAN

    DILIJAN, June 3. /ARKA/. Business of Russia and Armenia should help
    their countries to mitigate hardship on populations from transformation
    from one economic system to another, co-director of Sberbank CIB
    Ruben Vardanyan said.

    According to the businessman, Russian and Armenian societies are
    currently going through not an easy process that is often very painful
    as the governments fail to fully ensure a mild transformation.

    But on the other hand, Vardanyan says, the world is becoming more
    competitive and dynamic, and the government-private partnership makes
    the process more effective and fast.

    'I believe it is a very important and necessary mechanism that should
    exist both in Russia and Armenia', Vardanyan said in responding
    ARKA's question.

    Vardanyan said the projects he is doing are not pure charity. An
    attempt is made to make the mechanisms work on their own, without
    donors and philanthropists and to launch changes in economic situation
    through anchor projects like in Tatev and Dilijan, the businessman
    said. For instance, the 'Wings of Tatev" ropeway helped boost tourism
    in Siunik region, hence create new hotels and new jobs.

    The 5.7-kilometer-long aerial tramway, built by Austrian-Swiss
    Dopplemayer/Garaventa transports visitors from the village of
    Halidzor across the Vorotan gorge to the village of Tatev, within
    walking distance of the monastery, allowing tourists and visitors to
    bypass a 90-minute drive on a road in and out of the Vorotan River
    Gorge. The cable car travels at a speed of 37 kilometers per hour
    (23 miles per hour) and a one-way journey takes 11 minutes. At its
    highest point over the gorge, the car travels 320 meters (1,056 feet)
    above ground level. It has two cabins, each capable of carrying
    up to 25 passengers. The cable car is part of a $45 million-dollar
    public-private effort to develop tourism at Tatev and in the overall
    region of Syunik. The aerial tramway was officially registered by a
    representative of the Guinness World Records as the world's longest
    aerial tramway built to transport visitors. -0--

    - See more at:
    http://arka.am/en/news/economy/businesses_of_russia_and_armenia_should_help_peopl e_overcome_economic_transformation_vardanyan/#sthash.2khdSkbW.dpuf

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