Wednesday, December 11 2019 18:22
Naira Badalian

By joint efforts, Armenia can be turned into a leading technological  hub - Avinyan

By joint efforts, Armenia can be turned into a leading technological  hub - Avinyan

ArmInfo. Today, Armenia has all the prerequisites to become a country of high-tech industry - from education to research and development, from the development and  production of high technologies to international sales and  applications in various fields of economy and everyday life. This  opinion was expressed by the Deputy Prime Minister of Armenia Tigran  Avinyan on December 11 at the sidelines of the seminar "Realization  of the technological potential of Armenia", organized by the World  Bank.

The event was attended by the WB Regional Director for the South  Caucasus Sebastian Molineus and the head of the Armenian office of  Bank SilviBosutkho.

According to the office of the Deputy Prime Minister, Tigran Avinyan  made a speech in which, in particular, he noted that in the 21st  century the economic progress of countries will be largely  predetermined by the level of technological development. In this  regard, as the Deputy Prime Minister noted, the World Bank report on  the potential of Armenia's high technology sector and the republic's  potential in the world market is an important document that should be  studied in detail by relevant government departments, businessmen,  universities, experts.

According to the Deputy Prime Minister, in recent years, in the ICT  sector, the average annual growth was 26 - 27%, which makes it one of  the fastest growing sectors of the economy. To further stimulate this  growth, Avinyan pointed out, the government decided to recognize the  high-tech sector as a priority, created the Ministry of High-Tech  Industry, which, guided by the government's vision, is developing  vigorous activity.

At the same time, according to him, on the way to gaining a solid  place in the global value chain and making a technological leap,  numerous actions are being taken - from creating a favorable tax  field to increasing the volume of public-private partnership  programs, developing infrastructures, research and educational  spheres.

Tigran Avinyan noted that a number of programs promoting the  development of a high-tech ecosystem in Armenia are being implemented  jointly with partners and international financial institutions, and  among them successful examples are the "Trade Development and Quality  of Infrastructures" program, implemented jointly with the World Bank,  the purpose of which is to strengthen the government's capabilities  on the issue of stimulating exports, attracting local and foreign  investment. As part of this program, an "Engineering City" is being  created in Yerevan, and programs are expected to re-equip the  National Venture Fund, Supercomputer Center, Cybersecurity Center,  Gyumri Polytechnic Institute.  The Deputy Prime Minister expressed  his conviction that by joint efforts, creating effective partnerships  also with international partners, the scientific community and  business, the government will be able to turn Armenia into a leading  technology hub.

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Government Bonds

Issue volume

10 billion

Volume of T-bills for placement

200 million

Volume of submitted competitive applications

200 million

Volume of satisfied bids

200 million

Yield at cut-off price

 5.8314%

Maximum yield

 5.8314%

Мinimum yield

 5.8314%

Weighted average yield

 5.8314%

Number of participants

2

The maturity date of T-bills

03.02.2020

ArmEx

 

СПРОС (Покупка)

USD

Средневзв. Цена

482,00

ПРЕДЛОЖЕНИЕ (Продажа)

  USD

Средневзв. Цена

-

СДЕЛКИ

USD

Цена откр.

482,00

Цена закр.

482,00

Мин. Цена

482,00

Макс. Цена

482,00

Ср/взв. Цена

482,00

-0.16

Кол-во сделок

1

Объем (инвал.)

200 000

0бъем (драм)

96 400 000

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