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Armenia Has Certain Hi-Tech Advantages: IMF

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  • Armenia Has Certain Hi-Tech Advantages: IMF

    ARMENIA HAS CERTAIN HI-TECH ADVANTAGES: IMF

    ARKA
    Feb 12, 2010

    YEREVAN, February 12, /ARKA/. Mark Lewis, who headed an IMF
    delegation's visit to Armenia, said in an interview with a local daily
    Kapital that Armenia possesses certain advantages in hi-tech sector.

    He said the IMF does not have a concrete analysis of Armenian IT
    industry, but one can say that its share in the overall GDP is little.

    'We hope that in a mid-term perspective IT's share may increase,
    but I would like to repeat-it is too little now,' he said.

    According to a report by Enterprise Incubator Foundation (EIF),
    Armenian IT's share in 2)09 GDP was 1.1%, comparable with 1.4% of
    India and 1.3% of Germany. According to the report, software and
    services segment grew by 27% over the last decade.

    From: Emil Lazarian | Ararat NewsPress
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