YEREVAN, MAY 19, ARMENPRESS: A spokesman for president Kocharian, Viktor Soghomonian, hasconfirmed today press reports that an American-Armenian billionaire Kirk Kerkorian arrived in Armenia yesterday evening. Soghomonian said Kerkorian will spend here several days.
Kerkorian’s Lincy Foundation, allocated US$177 million to infrastructure and cultural projects in Armenia in 2002-2003. These included the construction of 4,000 new homes in northwestern Armenia (devastated by an earthquake in 1988), the refurbishment of most of Armenia’ s museums and theaters, and the repair of 420 kilometers of roads
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