Regnum, Russia Jan 13 2006 In the next one-two months, Armenia will start tenders on the construction and other works in the framework of second Linsy Foundation program. In an interview to a REGNUM correspondent Armenian presidential chief of staff Artashes Tumanyan noted that second agreement between Armenian government and Linsy Foundation presumes $60 million of investment in the Armenian economy. Tumanyan noted, that second program of Linsy charity Foundation presumes three major directions of activities - road construction, improvement of Yerevan and school repairs. $20 million will be dedicated to each objective. In the framework of the program, besides numerous road repairs and construction, 18 schools will be repaired, including 13 in Yerevan. New heating systems will be installed, gyms will be provided with necessary facilities, seismic safety will be increased. Tumanyan reminded that agreement with Linsy Foundation is ratified by the Armenian parliament, and has a status of an international agreement. Two offices have been created to implement Linsy Foundation programs. After the tender, construction will start and in September 2006 second stage of Lindsy Foundation program will take place in Armenia. Linsy Foundation is led by native Armenian, American businessman Kirk Kirkoryan. During the last years the foundation has granted $165 million to the Armenian government, that helped overcome the results of earthquake in Spitak, repair most of republican theaters and museums, improve infrastructure.
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