Armenian president meets with vice-president of Lincy foundation

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18.03.2008, 21:23

Armenia’s President Robert Kocharian received the Vice-President of Lincy Foundation and the President of the United Armenian Foundation of the USA Harut Sasunian.

YEREVAN, March 18. /ARKA/. Armenia’s President Robert Kocharian received the Vice-President of Lincy Foundation and the President of the United Armenian Foundation of the USA Harut Sasunian.

The Lincy Foundation is sponsored by American businessman billionaire Kirk Kerkorian. The value of the Foundation’s first program in Armenia was 150mln US dollars in 2001-2003.

Currently the second program of the Foundation with total cost of 60mln dollars is under way.
The program contains three projects, 20mln dollars each – road construction, rehabilitation of streets in Yerevan and improvement of schools.

The course of project implementation in Armenia with assistance of the Lincy Foundation has been discussed during the meeting, the presidential press service reported.

The interlocutors also discussed the ties with the Diaspora and issues on post-election processes in Armenia. A number of issues of interest to American Armenians were also been discussed. –0—

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