In the "Engineering City" will create about 2 thousand jobs

ArmInfo. Prime Minister of Armenia Nikol Pashinyan was presented  the project of the Engineering City, as well as innovative engineering solutions and a production  model for those companies that will be involved in the project.

As the press service of the Government reports, the city will consist  of research, production and educational units. It is planned to  establish schools with an engineering orientation on its territory,  and educational studies will be conducted.  Currently, a technopark  for children is under construction.

The program provides for the training and retraining of 1,500 highly  qualified specialists, the creation of 2,000 new jobs, start-ups,  increasing the efficiency of enterprises and increasing exports. The  construction is planned  on the territory of 3 hectares, located at   Bagrevand street  in Yerevan.

In the engineering city, private companies have already established  an engineering center, an engineering library, as well as the museums  of the Cosmos, Science and Technology.

According to the source, the Prime Minister stressed the importance  of effective implementation of the project, noting that the IT sphere  is one of the drivers of economic growth. "The development of the  high-tech industry, the IT and experimental sectors has always been  the focus of the government's attention," he stressed.

According to the National Statistics Service of Armenia, the IT  sector of Armenia following the results of 2017 went up by 13.6%  growth, providing an annual revenue of 269.1 billion AMD ($ 557.5  million). According to the National Statistical Service of Armenia,  80.1% of the total  volume of the IT sector's revenue forms  the  services provided, with annual growth of 6.5%, up to 215.5 billion  drams.