Armenia continues moving confidently in the field of high-tech industry. The sector is the fastest growing branch of the country’s economy, Vice Speaker of Parliament Hakob Arshakyan said in his remarks during the end of the 2022 Silicon Mountains International Tech Summit in Yerevan.
“In the current crisis conditions there was an inflow of talented representatives of high-tech industry to Armenia. Many countries in the region compete with one another with their tax systems, infrastructure projects, and their tactics of negotiating with large companies. It is necessary to accept this as a challenge and continue making major works and efforts in this direction. I should confess that although high-tech industry is a leader in Armenia in terms of growth rates, their use, however, among the public and the business is not at a very high level. In this context today’s panel discussions are very important”, he said.
According to him, science, education, industry and economy must be brought to a new fundamental level for ensuring a new scientific-technological rise in Armenia.
Minister of High Technological Industry Robert Khachatryan said their ministry has a task to make efforts to create, develop and promote an economy in Armenia that will be based on high technologies. One of the steps to achieve this goal is to develop science, prepare high-quality specialists and strengthen the importance of science among the public.
“We have such talented specialists who can work on complex engineering and technological solutions, presenting themselves to the world as high professionals and presenting Armenia as a technological country. We are far from the Silicon Valley by thousands of kilometers where Armenian specialists have also their place and important role, but we also have minds reaching our mountains which raises the technological mind and ideas from the Silicon Valley to the Armenian mountains”, he said.
The summit consisted of the following panel discussions: “Smart Governance”, “Smart Economy”, “Smart Banking System” and “Smart Infrastructures”.