YEREVAN.  The Information Technology (IT) sector in Armenia achieved tremendous progress in the past five years.   

Prime Minister Tigran Sargsyan stated the abovementioned during his welcoming remarks at Friday’s official opening of the sixth annual DigiTec Business Forum that kicked off in capital city Yerevan.

In his words, the aforesaid progress is also noticeable in international comparisons.  

“The world brands prefer Armenia and set up [their] regional centers here,” Sargsyan noted.       

He specifically underscored the Silicon Valley forums, during which Armenian IT companies establish ties with the world’s leading companies and study their track-record. An organized Armenian technological association, with more than one-hundred organizations that wish to cooperate with Armenia, functions at Silicon Valley in the US State of California.