March 22, 2011 - 14:08 AMT
Foreign investors don’t risk restoration of ancient buildings in Shushi

Shushi Foundation has developed a special project on restoration of the town of Shushi, Artsakh.

“The restoration will start from Melik-Adamyan street, which features some 10 buildings of the 19th century,” Bakur Karapetyan told journalists in Yerevan.

“There are 4 agreements with foreign investors, who were willing to allocate funds for restoration. However the unsettlement of the Karabakh conflict prevents them from taking action,” he said, adding that delay can have grave consequences, as the “buildings are on the verge of destruction.”

Asked by a PanARMENIAN.Net whether the project can be torpedoed as unrealistic, Karapetyan said, “I have numerously stated that victory in war is half the work. Another important stage is reconstruction of the town. If we don’t reconstruct Shushi, it will be even worse.”