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Gyumri Technopark To House Up To 10 New IT Companies

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  • Gyumri Technopark To House Up To 10 New IT Companies

    GYUMRI TECHNOPARK TO HOUSE UP TO 10 NEW IT COMPANIES

    PanARMENIAN.Net
    April 5, 2012 - 11:36 AMT

    PanARMENIAN.Net - The Armenian government approved on April 5 the
    program for Gyumri technopark launch.

    According to the Minister of Economy, Tigran Davtyan, the government
    aims to gradually reduce its participation in cooperation between the
    state and private sector; therefore the state budget will allocate
    less funding in 2012 as compared to 2011, namely AMD 163 million.

    Davtyan said these resources will be targeted to establishment of 5-10
    new IT companies in Gyumri technopark, with construction kicking off
    in a month.

    In this regard, Armenian Prime Minister Tigran Sargsyan highlighted the
    importance of the fact that laboratories are already functioning today.

    "We allocate resources so that the private sector could start working
    and provide its services on a single territory," Sargsyan said.

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