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IT Sector Demands Clarification On Yerevan's Free Economic Zone

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  • IT Sector Demands Clarification On Yerevan's Free Economic Zone

    IT SECTOR DEMANDS CLARIFICATION ON YEREVAN'S FREE ECONOMIC ZONE

    news.am
    March 21, 2012 | 14:05

    YEREVAN. - Armenia's Information Technology (IT) sector is
    insufficiently informed about the technology-oriented free economic
    zone to be established in the capital Yerevan, Karen Vardanyan,
    Executive Director of the Union of Information Technology Enterprises,
    stated during a roundtable discussion on Wednesday.

    In his words, Armenia's IT companies do not precisely know how they
    can enter this free economic zone.

    Hovhannes Avetisyan, Head of Economy Ministry's Investment Policy
    Department, responded by saying that all necessary legal documentations
    are posted on the Ministry's official website.

    Enterprise Incubator Foundation Executive Director Bagrat Yengibaryan,
    on the other hand, noted that the Government's decisions adopted to
    date solely regulate the requirements for the organizer of the free
    economic zone.

    In response, Avetisyan stated they only have received the Sitronix
    Company's bid for organizing Yerevan's free economic zone, and
    its launch will be announced six months after the signing of the
    respective contract. As per Hovhannes Avetisyan, solely companies
    with growing and developing plans ought to carry out activities in
    this free economic zone.



    From: Emil Lazarian | Ararat NewsPress
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