Pashinyan: Armenia’s main asset is its bright-minded and talented people
“Armenia was considered to be the former Soviet Union’s Silicon Valley where Nairi-2, the Soviet-era first semiconductor computer and one of the first in the world, was manufactured. The major part of computing systems and electronics for submarines and spacecraft of the USSR were both invented and manufactured in Armenia,” Prime Minister of Armenia Nikol Pashinyan stated on Thursday at the Technological University of Cologne.
The PM has noted that the most advanced Antenna research, design and production was conducted in Armenia. “The major Semiconductor design, production test and integration centers were in Armenia.
Today, the Armenian potential has widened up. The IT sector in Armenia grew five-fold over the past seven years with an annual rate of about 25%.
“We are launching exciting startup projects to create ecosystems, incubators, including sustainable development laboratories. Artificial intelligence, cyber security, block-chain and semiconductor technologies are among our priorities,” the PM said, adding the education is also focused on technologies.
“Armenia’s main asset is its bright-minded and talented people with cutting-edge education. Due to this, Armenian startups are evolving speedily, some of them coming in leading places on the world map of technology. It is a proven fact, when Armenians are provided with opportunities, they are always successful,” Pashinyan stressed.
The PM concluded his speech about the benefits of the digital and technological age, suggesting the technology breakthrough in such fields as artificial intelligence, robotics, nanotechnology, biotechnology and others create opportunities for the country to reshape its economy in a try to translate its political revolution into an economic one.