To stand alongside the Artsakh people, to support the resettlement programs and
contribute to the development and revival of the Nagorno Karabakh Republic. To achieve that goal, three years ago ARI (Artsakh Roots Investment) organization decided to make investments in Artsakh.

In the first program, launched three years ago, about 100 businessmen provided credits for the implementation of the agricultural and livestock programs of 800 immigrants of Kashatagh region, in the result of which today Kashatagh is one of the
agricultural centers of the country with 6,000 hectares of land and about 2,000 livestock.

“During the meetings with the people, president and the prime minister of Artsakh, we understood that parallel to the providing of living means, it is necessary to think about the housing problems of the immigrants, creation of the comfortable and favorable conditions for their living and working. For that particular reason 57
Diaspora Armenian businessmen concentrated their attention to the Aghavni Village of Kashatagh region, being the gates to Artsakh, and decided to build a small township there. No land will be resettled and no economy will be developed only with charity. Due to the cooperation with the Government of Karabakh, we managed to convince the Lebanese businessmen to make investments in the motherland, instead of the foreign shores”, – said the Deputy Executive Director of Artsakh Roots Investment, the Lebanese Armenian Benjamin Bchakchyan, stating that $2 million has already been collected for the building of apartments.

After the construction of the township, the Government of the Nagorno Karabakh Republic will implement the resettlement program with low mortgage interest rates or other social programs. The Deputy Prime Minister of Artsakh Arthur Aghabekyan stated that thus a mortgage market will be formed in Karabakh.

Hasmik Harutyunyan

armenpress.am