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Armenian It Sector's Development Requires Special Conditions

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  • Armenian It Sector's Development Requires Special Conditions

    ARMENIAN IT SECTOR'S DEVELOPMENT REQUIRES SPECIAL CONDITIONS

    YEREVAN, JANUARY 24, NOYAN TAPAN. In 2007, the Union of Information
    Technology Enterprises of Armenia (UITE) will continue its work on
    creation of special conditions for the sector's development. The
    union's executive director Karen Vardanian told NT correspondent
    about it.

    According to him, legislative amendments to ensure such conditions are
    needed in Armenia in order to develop a knowledge-based economy. The
    executive director also attached importance to the use of tax
    privileges for companies making investments in the IT education and
    research spheres.

    In the words of Karen Vardanian, the problems of using the IT sector's
    product and of the absence of telecommunication infrastructures exist
    in marzes. The UITE takes the view that they should develop at the
    expense of the state budget and in general the process of the IT
    sector's development should be managed by the appropriate authorized
    state body.

    K. Vardanian added that in 2007 the UITE plans to work out a set of
    business ethics rules of the Union and to assist with creation of
    new technoparks in Armenia.

    In 2006, the volume of IT sector's production made about 80 million
    USD, exceeding by 30% the index of the previous year. About 85%
    of the sector's production is exported.
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