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  • Good News About Karabakh Economy

    GOOD NEWS ABOUT KARABAKH ECONOMY

    Lragir.am
    17:43:56 - 27/11/2008

    I do not know in what phase the settlement of the Karabakh conflict is,
    and I think many people are also unaware and are making forecasts but
    I can say that the economy of Karabakh is developing successfully,
    and in the upcoming two years it will be tangible. On November 27
    Michael Baghdasarov, a businessman who comes from Karabakh, stated
    this at the De Facto press club.

    He said hospitals, hotels, roads are being built in
    Karabakh. Baghdasarov said he plans to re-operate the factory of wine
    and to plant vineyards.

    Besides, Michael Baghdasarov said the Russia-based businessman Samvel
    Karapetyan invests 15 million dollars in Karabakh. Baghdasarov is
    going to build a sport complex at the center of Stepanakert because
    he thinks sports bring people together. According to Baghdasarov,
    the complex will cost 7 to 8 million dollars. He will allocate the
    first 300 thousand dollars this year. Baghdasarov says he will build
    the facility, noting that it is better to build yourselves since
    when money runs out, you add. And when you give the money to others
    to build, money is never enough, and construction lasts forever,
    Baghdasarov says.

    From: Emil Lazarian | Ararat NewsPress
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