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ARMENIA SEES 25.2% GROWTH IN IT IN 2014 - NEWSPAPER
YEREVAN, January 22. /ARKA/. Armenia's IT sector, unlike the other
economic sectors in the country, shows a stable development dynamics
and growth rates of 20-22% on average in the last years, deputy
minister of economy Emil Tarasyan told Novoye Vremya newspaper.
There are 396 active IT companies in the country, of them 157 are
affiliates of foreign companies. About 11,560 specialists are employed
in the sector, 560 more than last year, Tarasyan said.
The growth is 25.2% and annual turnover is close to $475 million as
of the end of 2014, the deputy minister said as cited by the newspaper.
As a rule, investments in innovations and education are always
justified, even under unstable and crisis conditions, according
to Tarasyan.
US and EU sanctions against Russia make major foreign IT centers in
Moscow seek new locations for their potential, and Armenia is quite
attractive for them, according to the deputy minister.
The government is getting prepared for new realities, is creating
infrastructures, initiating ambitious projects to bring key global
players into Armenia, Tarasyan said. -0--
http://telecom.arka.am/en/news/telecom/armenia_sees_25_2_growth_in_it_in_2014_newspaper/#sthash.XItpUwhA.dpuf
YEREVAN, January 22. /ARKA/. Armenia's IT sector, unlike the other
economic sectors in the country, shows a stable development dynamics
and growth rates of 20-22% on average in the last years, deputy
minister of economy Emil Tarasyan told Novoye Vremya newspaper.
There are 396 active IT companies in the country, of them 157 are
affiliates of foreign companies. About 11,560 specialists are employed
in the sector, 560 more than last year, Tarasyan said.
The growth is 25.2% and annual turnover is close to $475 million as
of the end of 2014, the deputy minister said as cited by the newspaper.
As a rule, investments in innovations and education are always
justified, even under unstable and crisis conditions, according
to Tarasyan.
US and EU sanctions against Russia make major foreign IT centers in
Moscow seek new locations for their potential, and Armenia is quite
attractive for them, according to the deputy minister.
The government is getting prepared for new realities, is creating
infrastructures, initiating ambitious projects to bring key global
players into Armenia, Tarasyan said. -0--
http://telecom.arka.am/en/news/telecom/armenia_sees_25_2_growth_in_it_in_2014_newspaper/#sthash.XItpUwhA.dpuf