It’ll take 3 hours to drive from Yerevan to Stepanakert through new highway being constructed by Hayastan fund
30.05.2013,
17:19
The funds to be collected during Hayastan All-Armenian Fund Telethon will be directed to the construction of Vardenis (Armenia)-Martakert (Karabakh) highway.
YEREVAN, May 30./ARKA/. The funds to be collected during Hayastan All-Armenian Fund Telethon will be directed to the construction of Vardenis (Armenia)-Martakert (Karabakh) highway.
It will take just three hours to drive from Yerevan to Stepenakert, the capital of the Nagorno-Karabakh Republic, through this highway.
According to Ara Vardanyan, executive director of the Fund, the estimated cost of the project is nearly $30 million.
“This amount will be allocated to the construction of the second highway to the Nagorno-Karabakh Republic. Such decision was made based upon some strategic purposes, and development of Armenia’s Martuni region,” Vardanyan told reporters at the doorstep to the meeting of the Fund’s Board of Trustees on Thursday.
He noted the Armenian and NKR governments have financially supported the project and most of the works have already been carried out. The Fund will just inject money into paving and landscaping the 114-km long highway.
“It is time now to modernize the highways to Karabakh, because Goris-Stepanakert highway is very inconvenient. The new highway will also contribute to tourism advancement,” Vardanyan added.
The project, according to him, will be launched in January 2014 following the fund collection at the European Phonethon, U.S. Telethon and charity dinners in different countries.
Last year, the traditional telethon in Los Angeles raised over 21.4 million dollars in donations.
The donated funds were invested in constructing community centers in the rural regions of Karabakh, agricultural program development in Tavush region of Armenia, and assistance to the Syrian Armenians.
Hayastan All- Armenian Fund was established in 1992 to implement the national projects and support the development of infrastructures in Armenia and the Nagorno-Karabakh Republic. The trustees’ board headed by the Armenian president includes respected representatives of Armenian communities worldwide.
Today, Yerevan is connected to Stepanakert via the 330-km long highway- Yerevan-Goris-Lachin-Stepanakert. -0-
