ARMENIA HAS MADE INFORMATION TECHNOLOGY DEVELOPMENT THE AXIS OF ITS ECONOMIC GROWTH, DECLARED FOREIGN MINISTER OF ARMENIA

PanARMENIAN.Net - 19.09.2000, MEDIAMAX, YEREVAN. Armenia has made Information Technology development the axis of its economic growth, said Foreign Minister of Armenia Vardan Oskanian at the 55th Session of the United Nations General Assembly.

Vardan Oskanian said that the government has already taken concrete steps toward bolstering the development of Information Technology and telecommunications: in particular, they have begun preliminary work toward an IT industrial park at the outskirts of the capital. By 2005, as Oskanian said, all the schools of Armenia will have computer capability with unlimited Internet access.

On June 5 US Epygi Labs AM, LLC, company and Armenian authorities signed an agreement "About Epygi Labs investments for high tech "park" formation in Armenia". The program, envisaged for 5 years (till 2005) and evaluated 20 million dollars, is directed to creating a local Internet center with 1000 seats, electronic commerce training, forming Internet-based curriculum for students, as well as creating 500 new working places in high tech sphere. -0-