The following Armenian-language news item was published in Asbarez daily (January 27, 2011, p. 5), and it mentions that three former AGBU presidents will be part of the project, Boghos Nubar, Calouste Gulbenkian, and Alex Manoogian:
YEREVAN, Armenpress – According to Kamo Sargsyan, head of the office of contacts with pan-Armenian, international and ecclesiastical organizations, which belongs to the RA Ministry of Diaspora, the Armenian benefactors’ promenade will open during this year. Sargsyan assures that the preparatory work is already in progress. The area envisioned for the promenade is the fourth section of Yerevan’s ring-shaped park, close to the statue of Mikayel Nalbandian.
According to information furnished by K. Sargsian, it is anticipated that this year seven statues will be installed on the promenade, one of which will be a monument reflecting the overall image of the Armenian benefactor. The statues of Hovhannes and Hovakim Lazarian brothers, Alexander Mantashian, Boghos Nubar, Calouste Gulbenkian, Alex Manoogian, and Mikayel Aramian will also be installed on the promenade.
The process will bear a continuing nature, during which the statues of all those, who have made their mark on Armenian history with their activity, have made a serious contribution to the strengthening of ties between Armenia and the Diaspora, or who have participated in the realization of an important national project for Armenia, will be installed on the promenade.
Also envisioned is the criterion, whereby at least ten years must have passed since the death of a given benefactor.
Last summer, PanArmenian also reported on the project, which they titled “The Fund of Armenian Benefactors’ Alley” project, and added:
RA Diaspora Ministry will allocate AMD 21mln (US$32,923) for the purpose.