Рейтинг@Mail.ru
USD
381.84
EUR
447.02
RUB
4.8218
GEL
141.56
Thursday, December 11, 2025
weather in
Yerevan
+2

Serzh Sargsyan travels to Lori, inspects status of economic, educational and housing projects

07.11.2011, 20:10
Armenian president Serzh Sargsyan traveled last weekend to northern province of Lori to see the pace of implementation of a set of economic, educational and housing projects.
YEREVAN, November 7. /ARKA/. Armenian president Serzh Sargsyan traveled last weekend to northern province of Lori to see the pace of implementation of a set of economic, educational and housing projects.

Sargsyan’s press office said the president visited, particularly, AgroHolding Armenia company in Spitak. Founded back in 1989 in the village of Darik in northern Shirak region, this company has been consistently introducing new land cultivating, livestock breeding and milk processing technologies. It deals also with fodder production and import of modern equipment.

Agroholding Armenia is present in four provinces where it owns and leases land. Serzh Sargsyan was told that the company has so far made $11 million worth investments in introduction and modernization of various technologies to boost agricultural output.

In Spitak, the president also visited the secondary school #1, renovated together with some other schools in Stepanavn and Vanadzor as part of an $11 million financing from Lincy Foundation of an American-Armenian billionaire Kirk Kerkorian.

President Sargsyan attended also a ceremony of giving housing certificates to 150 families, whose houses had been destroyed in 1988 earthquake. In the town of Stepanavan president Sargsyan visited the secondary school # 6, toured the new building of the school and watched a chess tournament. This school was also reconstructed with Lincy Foundation financing.

The president was also told that 303 houses were built in the rural communities of the province in 2009-2010 for earthquake-stricken families and 153 more will have been built this year. Also 220 houses were built in urban communities. Housing purchase certificates were given to tens of families in Vanadzor and Gugark. -0-