US telethon raises 11m dollars for separatist Karabakh highway
Arminfo, Yerevan
26 Nov 04
Los Angeles, 26 November: A total of 11m dollars have been raised as
a result of a telethon in the USA to raise funds for the construction
of the North-South highway in Nagornyy Karabakh.
Expressing his gratitude to those who contributed to the fund-raising,
the Nagornyy Karabakh president, Arkadiy Gukasyan, said in a live
broadcast that the biggest contribution was made by well-known
American entrepreneurs of Armenian descent – Louis Simon Manoukian,
Gerard Cafesjian and Hrair Hovnanian, as well as by Eduardo Eurnekian
from Argentina.
In parallel with the USA, a fund-raising action was held in Nagornyy
Karabakh where over 150,000 dollars were raised. The donations
were made by both enterprises and institutions of the republic and
individual citizens. So far, a total of 7.2m drams (14,400 dollars)
have already arrived at Artsakhbank accounts. The biggest contribution
was made by legal and physical entities of Mardakert [Agdara] District
of the Nagornyy Karabakh Republic – to the tune of 1.8m drams [about
3,600 dollars].
We should recall that to complete the construction of the highway,
a project valued at 25m dollars, a total of 12.5m dollars remained
to be raised in the telethon, of which 11m dollars were raised on 25
November 2004.
Disclaimer: This article was contributed and translated into English by Tambiyan Samvel. While we strive for quality, the views and accuracy of the content remain the responsibility of the contributor. Please verify all facts independently before reposting or citing.
Direct link to this article: https://www.armenianclub.com/2004/11/27/us-telethon-raises-11m-dollars-for-separatist-karabakh-highway/