Newsfeed

Nagorno-Karabakh Defense Army soldier dies

ACBA-CREDIT AGRICOLE BANK announces results of draw among Visa Student cardholders and student loan borrowers

INECOBANK receives first US$5mn tranche from EBRD to finance renewable energy and SME

Banks buy $1.7 million out of $4 million offered by Central Bank on 20 December

Beeline and Technology Development Center present App Armenia system and mobile application

Vigen Barseghyan appointed as Acting Director General of Areximbank-GPB Group

Vallex Group launches mining at Teghout copper-molybdenum deposit

Anelik Bank faces no problems with liquidity amid national dram hyper-devaluation due to financial support Credit Bank S.A.L.

On 20 December ACBA-CREDIT AGRICOLE BANK to hold annual prize draw ahead of the New Year among Visa Student cardholders and raffled off tuition fees

Expert: In 2015 the situation over Nagorno-Karabakh will not be better than in 2014

Nagorno-Karabakh PM: Question whether there should be a customs point on Armenian-NKR border is no longer on agenda

Expert: AMD's depreciation will not prevent Armenian Government from fulfilling next year's budget

House of Representatives of Belarus ratifies agreement on Armenia's accession to Eurasian Economic Union

Prosecutor insists on life and 22-year terms for Azeri raiders

Open Days at Yerevan Brandy Company

John Heffern says Armenia has not received invitation by Millennium Challenge Corporation this year

John Heffern: The USA wants to go on stimulating reconciliation of the Armenian and Turkish peoples

ARFD: The Turkish-Azerbaijani tandem has sharply activated at the world arena

John Heffern: Agreement on Vorotan Cascade of HPPs to be signed shortly

Kazakhstan Senate ratifies treaty on Armenia's accession to EEU

Drivers of public mini-van go on being on strike because of raising fuel price

Armenian PM: There will be no more shocks on financial market

Armenia's Central Bank tries to sell $4mln but nobody buys it

Beeline to complete digitization of the network in Metsavan, Norashen and Kuchak communities

European Union launches 15 new projects in Armenia

Inga Zarafyan: Mining industry has leading positions in terms of environmental damage

Hovik Abrahamyan familiarizes himself with prices at Armenian supermarkets

Rostelecom expands network of acceptance of payments through banks

Baby born with parasitic twin fetus in Armenia

Parliament of Kazakhstan ratifies treaty on Armenia's accession to EEU

Public transport drivers in Nor-Nork District in Yerevan block road to city center

Artur Javadyan: Armenia's Central Bank is not planning prescheduled revision of its refinancing rate

Armenia's CB: AMD's hyper-depreciation has been caused by panic and speculations

Small business in Armenia to be red-listed

Dilijan Development Fund opens

  • by Elita Babayan

  • Tuesday, June 3, 12:00

 Dilijan Development Fund officially opened on 1 June. The founders are Ruben Vardanyan (well-known Russian businessman and philanthropist) and his spouse Veronika Zonabend. The ceremonial opening of the Fund coincided with the Children's Day, and the Dilijan Municipality with the support of the Dilijan Development Fund and IDeA Foundation organized festivities in the town.  

Talking to media on the heels of the opening ceremony, Head of the Dilijan Development Fund Arthur Hakobyan said the town's investment program has already been drafted and will be finally approved by international structures in a few months. The Fund will be working in three areas: economic, educational and cultural.

The program of Dilijan's development seeks to attract local and international investors, create the town's master plan, support the micro and small enterprises, develop the tourism infrastructures, create sport centers, preserve the historical and cultural heritage of the town and create resting areas, Hakobyan said.
According to him, 60 children already learn paining and street-art at the newly established Street Art Club in Dilijan, with 45 more children being engaged in a theatrical troupe. A chorus and a resource center for women will be created shortly.

Veronika Zonabend, in turn, told reporters that the Fund's charitable projects are based on a special social business model that seeks to make the projects completely self-financing in the succession of time.

Send to a friend

To (e-mail)


Your name


Message


Comments

View comments (0)
  • READ ALL COMMENTS
  • POST A COMMENT

Be first to comment on this article

* Indicates required fields