Widow Of Karen Demirchyan Against Privatization Of K.Demirchyan Spor

WIDOW OF KAREN DEMIRCHYAN AGAINST PRIVATIZATION OF K.DEMIRCHYAN SPORTS AND CONCERT COMPLEX

YEREVAN, AUGUST 17. ARMINFO. Widow of Karen Demirchyan Rima Demirchyan
is against privatization of K.Demirchyan SCC.

Talking to ARMINFO, she stated that SCC is a facility symbolizing
revival of Armenia’s spirit as counterbalance to the Memorial for
the Victims of Armenian Genocide in Ottoman Turkey in 1915. Besides,
Rima Demirchyan stated that construction of the complex cost 40
mln Soviet rubles to the country, which is equal to $40 mln, so its
privatization for $6 mln is illegal. Meanwhile, the promised $9 mln
investment will be made at the expense of SCC’s incomes.

She also stated that the Armenian Government will made a decision
on privatization on August 18. In his turn, Prime Minister assured
Rima Demirchyan that the complex will not be renamed even after
privatization. However, she doubts in it.

It should be noted that a Russian construction concern BAMO expressed
intention to buy SCC.