Monday, October 7 2019 12:27

ArmInfo.Armenia has proclaimed the field of information technology as the leading sector of the economy and will be glad to possible cooperation with Pixar Animation  Studios. This was stated by Armenian Prime Minister Nikol Pashinyan  on October 7 at a meeting with Catherine Sarafyan, senior vice  president of Pixar, an American film studio working in the field of  computer animation.

 Pashinyan expressed hope that the representative  of Pixar Animation Studios will establish activities in Armenia. He  informed that at this stage in Armenia, as a result of legislative  changes, a preferential tax policy is implemented in relation to  companies in the ICT sector. At the same time, as the prime minister  pointed out, Armenia is going to reduce the income tax from 36% to  23%, and this process will continue until a single scale of 20% is  established. Armenia also mitigated the risks associated with  systemic corruption, the head of the cabinet noted.

According to Pashinyan, Armenia has huge potential in the IT sphere.  "Over the past 7 years, the IT sector of Armenia has grown 5 times,"  the head of government said.Katherine Sarafyan, in turn, noted that  she was glad to be in Armenia for the 5th time. She noted the growth  of the ICT sector in Armenia and the high professional level of  Armenian specialists.

Note that Pixar Studio was founded in 1979 by George Lucas (then  called and was the computer division of   Lucasfilm) after the success of his Star Wars. Katherine Sarafyan is  one of the keynote speakers at the WCIT 2019 international forum in  Yerevan. WCIT 2019 will be held in Armenia on October 6-9, 2019 with  the assistance and under the high patronage of the Government of the  Republic of Armenia. The World Congress on Information Technology  (WCIT) was established by the World Alliance for Information  Technology and Services (WITSA). Its main organizational body is the  Union of Advanced Technology Enterprises (UATE). More than 2500  leaders, innovators, politicians, researchers, representatives of art  and show business stars from 70 countries take part in the Yerevan  Congress.

Recall that according to the statistical data of the RA, in the first  half of 2018, the revenue of the sphere ICT of Armenia amounted to  135.3 billion drams ($ 280.6 million), with ensuring annual growth of  7.6%.  From 2010 to 2016, the turnover of the sphere IT in Armenia  increased 5 times to $ 510 million, and the number of companies  tripled.