HAYASTAN PANARMENIAN FUND TO CONTINUE NORTH-SOUTH HIGHWAY CONSTRUCTION IN NAGORNO KARABAKH

One of the most important programs for Hayastan Panarmenian Fund (HPF) is the construction of the North-South highway, which is also called “the way of life” in Karabakh. As fund chairman Vahan Ter-Ghevondian noted addressing the 12-th sitting of the HPF Council of Trustees held in Yerevan, a 40-km sector of the 165-km length highway is to date ready for exploitation. Construction works are carried out in a sector with 20-km length at present. Reporting on the work carried out by the fund, V. Ter-Ghevondian noted that in course of 10 years HPF totally realized projects to the sum of $75 million. In his words, the principal portion of the donations made to the fund comes from eastern part of America. At the same time Armenian communities of France, the UK, Canada, Sweden and Australia as well as Armenian businessmen have displayed activity recently.