LOS ANGELES — The annual Thanksgiving Day Armenia Fund telethon broadcast from Los Angeles on Thjrsday has secured more than $22.6 million in donations and pledges for the construction of a strategically important road connecting Armenia and Nagorno-Karabakh.

The Hayastan All-Armenian Fund will spend the money raised for the construction of a 116-km Vardenis-Martakert highway, which is of great social and economic importance for the two Armenian republics.

According to the official website of the Hayastan All-Armenian Fund, more than half of the sum, $12.35 million, has been pledged by Russian Armenians, the second biggest amount of donations has come from the United States – a total of $3 million. About 1.5 million Euros (almost $2 million) were pledged by Armenians around Europe in a preceding Phoneathon held on 21-24 November. The rest of the pledges have been made by donors from Armenian communities in the Middle East and Latin America.

Armenians from Armenia have pledged to donate more than $1.6 million, while Karabakh Armenians will contribute $1 million for the construction of t he highway, which is planned as an alternative to today’s operating road via the Lachin corridor.

Similar fundraisers in 2012 secured over $21 million in donations to finance rural infrastructure projects in Nagorno-Karabakh and help Syria’s ethnic Armenian community. The bulk of the donations then also came from wealthy Armenians in Russia.

Leave a Reply

Your email address will not be published. Required fields are marked *

Sign Up for Our Newsletters

Get notified of the latest updates from MassisPost.

You May Also Like

Yerevan International Communications Biennale October 16-18

YEREVAN (ARKA.am) — More than ten countries will take part in the…

Armenian, Georgian Churches Fail To Settle Disputes

TBILISI — The spiritual leaders of Armenia and Georgia have failed to…

U.S Embassy to Provide Grant for Preservation of Yereruyk Basilica in Armenia’s Shirak Province

On November 20, U.S. Ambassador Kristina Kvien hosted an event to launch…

Armenian, Iraqi Defense Ministers Discuss Bilateral Cooperation Prospects

YEREVAN — On March 24, a delegation led by the Minister of…