James Tufenkyan is a famous businessman and philanthropist. He was born in the United States. Tufenkyan is the founder of Tufenkyan foundation, which provides aid to poor families in Armenia, as well as to environmental causes and has been acting in Armenia since 1999. His business activities in Armenia include carpet production, design and construction, ceramic products and furniture, as well as some building companies and a growing chain of hotels. In 2005 James Tufenkyan met with NKR President Arkady Ghoukasyan and Prime Minister Anoushavan Danielyan. They discussed the possibility of cooperation between Nagorno Karabakh government and Tufenkyan foundation in the issue referring to the forests' recovery. Mr. Tufenkyan also stated that he intended to open the representation of his foundation in Stepanakert for more effective and productive realization of economic, social and humanitarian programs in Artsakh.
- TUFENKYAN FOUNDATION TO REALIZE A NUMBER OF BUSINESS PROJECTS IN NK. deFacto Agency, Armenia, October 13, 2005