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March 29
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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.

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