Businessman Samvel Karapetian Ready To Invest 250 Mln USD

BUSINESSMAN SAMVEL KARAPETIAN READY TO INVEST 250 MLN USD

AZG Armenian Daily
19/07/2008

Armenia-Diaspora

RA President Serge Sargsian made an address to the RA citizens and
world spread Armenians during "Baze" All-Armenian youth gathering
calling on them to be more active and full of initiative to flourish
the motherland with joint efforts.

Russian-based Armenian businessman Samvel Karapetian first responded to
the call of the President, Armenpress reported. In his letter addressed
to the Armenian President he wrote that Armenia is the motherland of
all Armenians, and independent of geographical position a part of each
Armenian’s heart and soul is always in the motherland. The businessman
regards himself as a supporter of the initiative, as independent of
financial ability each Armenian’s pride is the motherland and the
Armenians will be rich only when they see their motherland prosperous
and flourishing. The businessman says that he is ready to invest 200
mln USD in the business and social projects and another 50 mln USD
in any symbolizing project in Armenia.

Chairman of the board of directors of "Mon Ar" company Sergey
Hambardzumian also responded to the call of the Armenian President. He
is ready to provide 10 mln USD.