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"Warm" Gift Intended To Prevent Emigration Flow From The Villages Of

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  • "Warm" Gift Intended To Prevent Emigration Flow From The Villages Of

    "WARM" GIFT INTENDED TO PREVENT EMIGRATION FLOW FROM THE VILLAGES OF GEGARKUNIK MARZ

    LRAGIR.AM
    10:46:42 - 31/03/2009

    VivaCell-MTS, a subsidiary of Mobile TeleSystems OJSC (NYSE: MBT),
    today announces that works on the installation of key infrastructure
    components for gas and drinking water supply in four villages of
    Gegarkunik marz are now over, and the new infrastructure is completely
    operational.

    Based on the evaluation of needs in the area of regional infrastructure
    and especially by taking into account the deterioration of key
    infrastructure element such as gas and water supply in Gegharkunik,
    a region that faces a lot of complex challenges while having limited
    resources at hand, VivaCell-MTS has made a social investment in the
    gasification and installation of pipelines for drinking water supply in
    four rural communities of Gegharquniq region - Lanjaghbyur, Vardadzor,
    Verin Getashen and Vaghashen.

    The realization of the project for which VivaCell-MTS allocated AMD
    30.5 million gives opportunity to make life easier and comfortable
    in villages where emigrational employment has been the major activity
    of the population.

    "We hope that this infrastructural development project, under our
    corporate responsibility agenda, will provide an opportunity to
    these villages to create additional workplaces by developing local
    manufacturing production, and that in the long-term will be able
    to mitigate the problem of emigrational employment having been so
    specific to this region. Thus we are trying to create stronger ties
    between the villager and the soil", - mentioned General Manager of
    VivaCell-MTS Ralph Yirikian.

    These last infrastructure development projects realized in Gegharkunik
    region include the following components: 377.5 m gas pipeline in
    the village of Lanjaghbyur (AMD 3 mln); 674 meters-long gas pipeline
    installed in the village of Vardadzor (AMD 5.5 mln); 820 meters long
    drinking water infrastructure reconstruction in the village of Verin
    Getashen (AMD 15 mln); 1010 meters-long drinking water infrastructure
    reconstruction in the village of Vaghashem (AMD 7 mln), totaling to
    AMD 30.5 mln.

    Overall, during 2008, in the framework of CSR projects, VivaCell-MTS'
    social investment in Gegarkunik region amounted to over AMD 170
    million.
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