Activities of "Tufenkian" Foundation to Implement the Economic Development Programs of The Republic of Artsakh at the End of the 20th Century and the Two Decaded of the 21st Century


  • Edik Minasyan Yerevan State University


foundation, economic programs, Artsakh, "Tufenkyan" charitable foundation, Stepanakert office, financial resources, agriculture, cattle breeding, housing, land amelioration works, canals, electric power lines


The article examines the large-scale work done by the Tufenkian Charitable Foundation in the field of the development and implementation of programs aimed at the development of Artsakh's eco­nomy. In addition to investing in Artsakh's economy, the foundation has implemented programs that have enabled people to develop their economy, become owners, stay in bordering villages, create safe and comfortable conditions for resettlement, expand housing, create infrastructure: electricity, roads, drinking water, irrigation, overcome poverty, etc.

The example of the implementation of the sponsorship program of the newly built villa­ge of Arajamugh in the Hadrut region reveals the details of the implementation of a very important economic development program by the Tufenkian Foundation, owing to which three-room houses were built with fenced surrounding. We should note about the financial support for agriculture and livestock development: electricity, sewerage and drinking water systems. To provide jobs for the inhabitants, the foundation has created a 5-hectare pome­granate orchard, and only in 2017 six new houses in the village were commissioned. Owing to the implementation of these economic programs through the efforts of the Foundation, in 2008 Arajamugh village was formed as a separate community, including Arajavan and Araksavan settlements.

The analysis of the relevant facts shows the large-scale economic programs implemen­ted in other regions of Artsakh, especially in Kashatagh, Karvachar, Shushi, Martakert and Mar­tuni regions, in the capital city of Stepanakert, as a result of which many social problems were resolved, educational, cultural and social conditions were improved. From the above-mentioned programs the author highlights the economic programs called "Flour Mill" and "Technical Base", launched in southern Kashatagh in 2005-2007․ These programs became a stimulus especially for the development of the grain production sector.

In the end, the author expresses pain and regret that most of the results of this exten­sive effective work are enjoyed by our neighbor, Azerbaijan, which has great occupier and aggresive aspirations towards Artsakh.

Author Biography

Edik Minasyan, Yerevan State University

Doctor of Sciences (History), Professor, Dean of Faculty of History, YSU