ARMTECH 2009 KICKED OFF IN ST. JOSE

PanARMENIAN.Net
08.11.2009 18:00 GMT+04:00

/PanARMENIAN.Net/ Armenian delegation led by Prime Minister Tigran
Sargsyan is taking part in ArmTech 2009 forum which kicked off today
in St. Jose, United States.

During the opening ceremony, Head of Armenian executive said,
"High technologies continue to remain an essential component of
economic development. Being leader in IT sphere, we want to advance
our achievement in biotechnology, science, nuclear physics, green
energy and information. Innovation, effort and active participation
constitute the groundwork of success." Touching on the outcomes
of last year’s ArmTech forum, Premier pointed out efforts towards
resolving the problems raised, as well as Government’s anti-crisis
program. Mr. Sargsyan stressed the importance of infra-structure
pojects, particularly, North-South program, construction of new
nuclear power plant, pensionary reforms and activities of National
Competitiveness Centre. "In accordance with Armenia’s legislation,
we have established an all-Armenian bank and attracted a specialized
company for assisting in the development of business-programs.

All-Armenian bank will start operating as an investment fund whose
activities will be aimed at concentrating means for implementing
programs and raising competitiveness in Armenia. Our vision, however,
is more than ambitious – making the bank an institution serving
Armenian communities worldwide. All-Armenian bank will thus become
the financial reflection of Armenian world," RA Government’s press
service reports.

From: Emil Lazarian | Ararat NewsPress