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UNDP Armenia Signs MOU with Armenian-Russian Entrepreneur

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  • UNDP Armenia Signs MOU with Armenian-Russian Entrepreneur

    PRESS RELEASE
    United Nations Development Programme Armenia
    Community Development Project
    14 Petros Adamyan Str., Yerevan 0010, Armenia
    Contact: Zara Amatuni
    Tel: 374-10-56-60-73
    Fax: 374-10-54-38-11
    E-mail: [email protected]
    Web: http://www.undp.am/

    December 12, 2007

    UNDP Armenia Signs Memorandum of Understanding with Armenian-Russian
    Entrepreneur


    On December 11, 2007, Ms. Consuelo Vidal, UN Resident Coordinator and
    UNDP Resident Representative in Armenia, and Mr. Sergey Hambardzumyan,
    an Armenian entrepreneur based in Moscow, signed an unprecedented
    agreement whereby Mr. Hambardzumyan will support a host of community
    development initiatives in the village of Yeghvard, located in Syunik
    Marz, Armenia. The signing ceremony was held in Moscow, at the Embassy
    of the Republic of Armenia, in the presence of H.E. Mr. Armen Smbatyan,
    Armenian Ambassador to the Russian Federation.


    The agreement covers three agricultural initiatives that have been
    identified by the Yeghvard community as top development priorities. The
    identification process, based on a participatory strategic planning
    scheme, has been spearheaded by UNDP Armenia through its Community
    Development Project. UNDP Armenia works extensively with rural
    communities to foster a grassroots mechanism of discussing local
    development needs, prioritizing subsequent projects, and creating
    community ownership of projects.


    `Our agreement with Mr. Hambardzumyan is a great milestone in our
    efforts to establish collaborative links with the Armenian-Russian
    Diaspora,' Ms. Vidal said. `Russian-Armenian donors and donor
    organizations are eager to support key development programs in the
    Armenian homeland, UNDP Armenia is proud to provide its development
    expertise and proven capacity to implement projects on the ground, in
    close cooperation with our partners.'


    The first initiative stipulated in the agreement is to establish an
    agricultural machinery pool in Yeghvard, which is home to some 100
    households. The village, located 23 kilometers from Kapan, the center of
    Syunik Marz, was all but destroyed during the Armenian-Azerbaijani armed
    conflict in the early 1990s, with 80 percent of its structures
    sustaining heavy damage. The new farming equipment will enable the
    residents of Yeghvard to restore their livelihoods by cultivating all of
    their arable lands. The second and third projects comprise the
    establishment of a revolving wheat seed fund for local residents and the
    construction of a flour mill, which will serve the needs of both
    Yeghvard and neighboring communities.


    All development activities in Yeghvard will be carried out within the
    framework of the UNDP Community Development Project in the course of
    2008. Projects' funding totals USD 210,500.

    * * *

    /UNDP is the UN's global development network. It advocates for change
    and connects countries to knowledge, experience and resources to help
    people build a better life. We operate in 166 countries, working with
    them on their own solutions to global and national development
    challenges. As they develop local capacity, they draw on the people of
    UNDP and our wide range of partners.///

    From: Emil Lazarian | Ararat NewsPress
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