Forests in Arzni and Nubarashen Restored

FORESTS IN ARZNI AND NUBARASHEN RESTORED

YEREVAN, SEPTEMBER 7. ARMINFO. The Forests Restoration and Development
Fund of Armenian jointly with the Armenian Agricultural Ministry has
elaborated two programs on restoration of forests in Arzni and
Nubarashen. Executive Director of FRDF Vladimir Movsisyan made this
statement at a discussion at the Armenian Government today.

He said design and calculation documents on restoration of forests in
the given zones have already been prepared. Thus, restoration of the
forests in Arzni will require 171 mln 48 thousand AMD, those in
Nubarashen – 92 mln 593 thousand AMD. Movsisyan said construction of a
pumping stations, power substations and electric lines is over. He
said the fund has fulfilled all the programs planned for the first
half of 2005 on the whole. Movsisyan said forests are restored mainly
on the charitable funds. Thus, Yerevan Brandy Company finances a
program on restoration of forests in the community of Jrambar,
Aragatsotn region. The program” implementation will require 8 mln 850
thousand AMD, Movsisyan said. Besides, he said in the first half of
2005, the fund received a 17 mln 760 thousand AMD financial charitable
assistance. He said expenses for the fund’s staff have been
considerably reduced, that is 7 mln 574 thousand AMD instead of the
planed 13 mln 728 thousand AMD. Executive Director said the fund
provided 5 mln AMD to the “Green Country” organization for
beautification of the territories nearing highways.

In his turn, Vice mayor of Yerevan Kamo Areyan said as of September 5
2005, the proceeds from the auction sale of the funds of Nork forests
were 857 mln 677.5 thousand AMD. 171 mln 400 thousand AMD of the sum
were transferred to the Ministry of Agriculture for financing of
programs of restoration of forests.