AMERICAN-ARMENIAN BUSINESSMAN, EXECUTIVE DIRECTOR OF "METALPRINCE" COMPANY RESPONDS TO CALL OF SERZH SARGSIAN

ARMENPRESS
JULY 22

American-Armenian businessman, executive director of "Metalprince"
company Serob Ter-Poghosian responded to the address of the
Armenian President Serzh Sargsian made at "Baze" all-Armenian youth
gathering. In the letter addressed to the president, S. Ter-Poghosian
wrote, "Dear President, With great inspiration I listened to Your
call directed towards Armenians around the world to contribute to
the development of Armenia’s economy which is the only guarantee of
maintenance of our independence and security agreed with the challenges
of the contemporary world. Many Armenians will respond to Your call
and I am obliged to be among their rows.

The life of our citizens living in the Armenian provinces must not be
worse than of those living in the capital. We know that the development
of provinces is among Your prior programs, thus, dear President,
I have a great honor to inform You that in the coming three years me
and my partners are ready to invest 50 million USD in Lori province
for the development of its industry and tourism spheres. Currently
we are discussing the opportunity of making big investments in other
provinces of Armenia as well. I hope that in that case the sum of
the investment will be trice larger."