ArmInfo. More than 90% of companies in Armenia have not succeeded in digitalization. This was stated on May 4 by Minister of Economy of Armenia Vahan Kerobyan during the international conference entitled: "New business opportunities within the framework of the EAEU: localization through cooperation, tools, financing and support" in the "Russian Book House" in Yerevan.
In this regard, he said that the government of the country is preparing support measures for the digitalization of companies from the real sector. According to the minister, digital transformation is one of the three components of increasing the productivity of the economy. Noting that the productivity indicator in the Armenian economy today is $7 per hour, Kerobyan stressed that this is half as much as registered in Russia, and 7 times lower than in European countries.
The modernization of the economy will also contribute to increasing the level of productivity, he said. In this regard, he recalled the program initiated by the government, under which the state fully compensates for the interest costs of financing new equipment and conveyor lines.
Another direction for increasing the productivity of the economy, the minister called the attraction of first- class specialists in the real sector of the economy. In this context, it was noted that over the past 2 decades, there has been an insufficient number of highly qualified specialists in Armenia who would help companies grow as a business and be competitive in the global market. "And here we also have a package of measures ready. We will help companies to attract specialists from all markets, including from the Russian Federation. We think that these measures will help the economy become more productive in a very short time," he stressed.
It should be noted that the International Conference "New business opportunities within the framework of the EAEU: localization through cooperation, tools, financing and support" was organized by the order of "Rossotrudnichestvo" by the Operator of the Interstate Program for Innovative Cooperation of the CIS Member States - the Skolkovo Foundation and the network of Centers for the Commercialization of Innovations, the Eurasian Economic commission, representatives of the Eurasian Development Bank, organizations representing business interests in the Republic of Armenia.
