As every year, this year General Director of “Chaarat Kapan” CJSC David Tovmasyan and Kapan Community Mayor Gevorg Parsyan signed a memorandum on socio-economic cooperation.

According to the memorandum, within the social and economic cooperation the company will finance a total of 117,700,000 AMD in 2021 for the following projects implemented in the Kapan community:

Acquisition of residential houses in the border settlements of the Kapan community.

Reconstruction of the road leading to the village Geghanush, as well as funding a number of other projects.

The projects were selected taking into consideration the priority of their implementation, including not only city Kapan, but also rural settlements.

The company continues implementing every initiative for Kapan community with honor, in addition to the programs defined by the memorandum, we will continue to implement other programs for the benefit of the development of our beloved community.