VAHAGN HOVNANIAN ELECTED CHAIRMAN OF BOARD OF ASSOCIATION OF FOREIGN INVESTORS

YEREVAN, JULY 18, NOYAN TAPAN. Vahagn Hovnanian, Co-chairman of the
Hovnanian International company, was elected as Chairman of Board
of the Association of Foreign Investors at the organization Board’s
July 17 sitting. Noyan Tapan correspondent was informed about it by
Ashot Petrosian, Association’s Executive Director.

American Armenian businessman and benefactor Vahe Karapetian
was elected Board Deputy Chairman. According to A.Petrosian, the
organization’s 5-year program was approved at the Association’s
Board sitting.

It was mentioned that 11 big foreign investors of different spheres
are already members of the organization finctioning since 2006 April 1,
another 17 have put in an application of joining the organization.

Among the Association’s goals are to represent and protect the
interests of foreign investors, to support integration to investment
atmosphere, information support.

From: Emil Lazarian | Ararat NewsPress