AGBU’s American Century
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April 06, 2009
New Sports and Cultural Center Unveiled in Yerevan Suburb of Nubarashen, A Cooperative Venture of AGBU and World Bank
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AGBU President Berge Setrakian and the World Bank's Rudolf Yan Trefers cutting the ribbon at the March 25, 2009 opening of the Nubarashen Sports and Cultural Center. -
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A view of the new Nubarashen Sports and Cultural Center in Yerevan, Armenia.
Watch a Video Report of Nubarashen Sports & Cultural Center opening HERE (2:02)
With the cooperation of the Armenian General Benevolent Union (AGBU) and the World Bank/ASIF (Armenian Social Investment Fund) program, the Nubarashen Sports & Cultural Center was completed and opened on March 25, 2009 in the Yerevan suburb of Nubarashen.
During the opening ceremony, AGBU President Berge Setrakian remarked on how incredible it was to see the opening of a beautiful new building in a district which was first established by the organization's founder, Boghos Nubar, in the 1930s and today still bears his name. By participating in the construction of the building, Setrakian said, AGBU pays homage to Boghos Nubar and his ideals.
The plans for the construction of the Nubarashen center began in 2005 but they were finally realized when AGBU and the World Bank/ASIF program stepped in with the 85 million AMD (approx. US$250,000) needed to complete the final stage of the project. Forty-five percent of that sum was paid by the World Bank/ASIF program, while AGBU provided the remaining 55%.
Mher Hovanissian, mayor of the Nubarashen district, spoke about Boghos Nubar's choice of this site as a recipient of his largesse. He explained that it was not an accident that the AGBU founder chose this locale, since it had symbolic importance as a perfect location from which to view both the Ararat and Aragats mountains--the former being a spiritual symbol of the Armenian people and the latter, as Armenia's tallest mountain, a symbol of Armenia today.
The first floor of the center houses a gymnasium, while a hall for cultural events is located on the second floor.
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