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Armenia opens its representation in the Plug and Play Tech Center in
the Silicon Valley
amradio.am
13:26 12.12.2012
The Armenian Information and High Tech Office was opened at the Plug
and Play Tech Center in the Silicon Valley, California. The opening
ceremony was followed by the signing of the agreement on the creations
of the first Armenian venture fund, which will provide an opportunity
to ensure the accessibility of financial investments.
`Many countries have opened their representations in the Silicon
Valley, because having a representation here means having a tool that
provides perspectives for the development of the private sector,'
Armenian Prime Minister Tigran Sargsyan said.
`It's even more important for Armenia, because it's impossible to
follow the modern developments without being in constant touch with
the Silicon Valley, while in this rapidly changing world we have to be
aware all novelties,' he added.
Tigran Sargsyan said the memorandum on the construction of a new chip
producing company in Armenia is also an important step in the
development of the IT sector. `We'll have chip production, not just a
programming company,' the Prime Minister noted.
The Head of Government emphasized the importance of the memorandum
signed with the `Intel' Company under which the latter will open its
research center in Armenia.
the Silicon Valley
amradio.am
13:26 12.12.2012
The Armenian Information and High Tech Office was opened at the Plug
and Play Tech Center in the Silicon Valley, California. The opening
ceremony was followed by the signing of the agreement on the creations
of the first Armenian venture fund, which will provide an opportunity
to ensure the accessibility of financial investments.
`Many countries have opened their representations in the Silicon
Valley, because having a representation here means having a tool that
provides perspectives for the development of the private sector,'
Armenian Prime Minister Tigran Sargsyan said.
`It's even more important for Armenia, because it's impossible to
follow the modern developments without being in constant touch with
the Silicon Valley, while in this rapidly changing world we have to be
aware all novelties,' he added.
Tigran Sargsyan said the memorandum on the construction of a new chip
producing company in Armenia is also an important step in the
development of the IT sector. `We'll have chip production, not just a
programming company,' the Prime Minister noted.
The Head of Government emphasized the importance of the memorandum
signed with the `Intel' Company under which the latter will open its
research center in Armenia.