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  • Faithful To Nation's Welfare

    FAITHFUL TO NATION'S WELFARE

    Azat Artsakh, Republic of Nagorno Karabakh
    Nov 30 2006

    The 9th annual telethon of Armenia Foundation took place on November
    23. In Artsakh donations started on November 16. According to republic
    headquarters of the telethon, 65 million drams was raised as on
    November 23 in NKR compared with 60 million drams of the previous
    telethon, which shows that the people of Artsakh realize the importance
    of these donations. Over 240 big and small companies and citizens took
    part. Andranik Aghababian, responsible for the republic headquarters
    of the telethon, emphasized the level of engagement.

    Large donations were made by Base Metals Ltd. (10 m drams), Karabakh
    Telecom (5 m drams), NKR Ministry of Defense (4.8 m drams), Stepanakert
    Clothes and Shoes Factory (4 million drams), Artsakhbank (3.8 m drams),
    NKR Ministry of Health (2 million 160 thousand drams), Artsakhalco CJSC
    (1 million 140 thousand drams), NKR Ministry of Education, Culture
    and Sport (1 million 193 thousand drams), Karabakh Gold (400 thousand
    drams), etc. Small and medium-sized businesses donated 2 million 700
    thousand drams. Over 60 thousand people made donations. According to
    Andranik Aghababian, the amount of donations is expected to grow. The
    money raised during the telethon will be spent on the development of
    economy and reconstruction of settlements of the region of Hadrut
    in the framework of the Rebirth of Artsakh Project. The project
    involves construction of drinking water pipelines, the bridge near
    Tsakuri, the Tsakuri-Aygestan section of the North-South highway and
    repair and construction of schools. All these will cost 7 million US
    dollars. There is also an additional project which costs 10 million
    dollars, and will be implemented if this sum is raised. It includes
    the repair of the 40 km Arakel-Ktsabert road (300 thousand dollars),
    the construction of the Tsakuri-Aygestan road (1.8 m dollars),
    an agricultural development project (200 thousand dollars), the
    irrigation system of Arevshat (150 thousand dollars), construction
    and repair of schools (150 thousand dollars).
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