Government To Fund 30 Per Cent Of ArmTech

GOVERNMENT TO FUND 30 PER CENT OF ARMTECH

/PanARMENIAN.Net/
01.06.2009 14:23 GMT+04:00

/PanARMENIAN.Net/ Armenian Government intends to cover 30 per cent
of expenses of the ArmTech congress, told RA economy minister Nerses
Eritsyan a news conference today.

The budget of the forthcoming congress will reach about USD 1 million,
Rich Goldman, chief executive officer of Synopsis Armenia said.

According to him, much to be anticipated from the congress, since
the event will be held in close cooperation between the government,
educational and R&D institutions, which is a guarantee of success of
the congress.

The ArmTech congress will take place in the Silicon Valley, California
between November 5 to 8, 2009. 300 to 350 participants and 30
companies from Armenia are expected to take part in the congress