Armenian It Sector’s Development Requires Special Conditions

ARMENIAN IT SECTOR’S DEVELOPMENT REQUIRES SPECIAL CONDITIONS

YEREVAN, JANUARY 24, NOYAN TAPAN. In 2007, the Union of Information
Technology Enterprises of Armenia (UITE) will continue its work on
creation of special conditions for the sector’s development. The
union’s executive director Karen Vardanian told NT correspondent
about it.

According to him, legislative amendments to ensure such conditions are
needed in Armenia in order to develop a knowledge-based economy. The
executive director also attached importance to the use of tax
privileges for companies making investments in the IT education and
research spheres.

In the words of Karen Vardanian, the problems of using the IT sector’s
product and of the absence of telecommunication infrastructures exist
in marzes. The UITE takes the view that they should develop at the
expense of the state budget and in general the process of the IT
sector’s development should be managed by the appropriate authorized
state body.

K. Vardanian added that in 2007 the UITE plans to work out a set of
business ethics rules of the Union and to assist with creation of
new technoparks in Armenia.

In 2006, the volume of IT sector’s production made about 80 million
USD, exceeding by 30% the index of the previous year. About 85%
of the sector’s production is exported.