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Legislation On Techoparks, Incubators And Free Economic Zones Needs

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  • Legislation On Techoparks, Incubators And Free Economic Zones Needs

    LEGISLATION ON TECHOPARKS, INCUBATORS AND FREE ECONOMIC ZONES NEEDS TO BE DEVELOPED, DIRECTOR GENERAL OF VIASPHERE TECHNOPARK SAYS

    Noyan Tapan
    Aug 16 2007

    YEREVAN, AUGUST 16, NOYAN TAPAN. In order to encourage the inflow
    of investments to Armenia's high-tech sector and promote the
    introduction of new technologies, it is necessary to grant status
    of a special economic zone to technoparks and to develop legislation
    on technoparks, incubators and special economic zones, the director
    general of Viasphere Technopark Aram Vardanian expressed an opinion
    during a talk with NT correspondent.

    "The matter concerns not only tax and customs privileges of the
    indicated structures but also problems related to regulation of their
    activities," A. Vardanian said. He added that Viasphere Technopark
    is currently operating in the legislative field of commercial
    organizations - in the status of a closed joint stock company, which
    makes it necessary to build relations between the technopark and
    the companies working in the technopark on a commercial basis. The
    technopark provides services (including municipal ones), technical
    assistance and advice to these enterprises, while provision of all
    this based on commercial principles is inexpedient.
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