In 2006 Armenia will spend $60 millions in the framework of Linsy fund

01/13/2006
Regnum

In the next one-two months, Armenia will start tenders on the construction and other works in the framework of second Linsy Foundation program. [...] $60 million of investment in the Armenian economy.

[...] three major directions of activities – road construction, improvement of Yerevan and school repairs. $20 million will be dedicated to each objective.

[...] 18 schools will be repaired, including 13 in Yerevan. New heating systems will be installed, gyms will be provided with necessary facilities, seismic safety will be increased.
[...]
Linsy Foundation is led by native Armenian, American businessman Kirk Kirkoryan.[...].

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