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Armenian development agency attracts investments in Hi-tech states

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  • Armenian development agency attracts investments in Hi-tech states

    ARMENIAN DEVELOPMENT AGENCY ATTRACTS INVESTMENTS IN HI-TECH STATES

    PanArmenian News Network
    July 18 2005

    18.07.2005 06:20

    /PanARMENIAN.Net/ The Armenian Development Agency has initiated
    a telemarketing campaign for attracting investments to the sphere
    of informational technologies of Armenia, head of the investment
    department Hasmik Hovhannisian stated in conversation with ".am"
    PanARMENIAN.Net reporter. In her words, during the telemarketing
    campaign over 30 organizations of the EU states engaged in Hi-Tech
    industry showed interest in cooperating with Armenia. "We achieved
    agreement on cooperation with several companies intending to open
    branches in Armenia. Other companies requested data on the situation
    with the information technology industry in Armenia and expressed a
    wish to meet and discuss possible cooperation. Armenia represented
    high technologies with precision instruments, electronics, organic
    chemistry, medicine and biotechnology. During a week the ADA working
    group held meetings with the representatives of 13 out of 25 interested
    companies, who inquired about the professional level of the Armenian
    personnel. Hasmik Hovhannisian informed. She also said that the process
    of attracting investments is not a one-day task and Armenia's presence
    in the investment package is a good result. To note, thanks to the
    efforts of the ADA the Sonics branch was opened in Armenia.
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