ArmTech 2009 kicked off in St. Jose

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.