07:07 | 22.11.12 | News | 3150

PM to head the Armenian delegation of \"ArmTech Congress 2012\"

Yerevan/Mediamax/ . Armenian Prime Minister Tigran Sargsyan will head the Armenian delegation of \"ArmTech Congress 2012\" due to be held in the Silicon Valley (USA) on December 10-11.

Armenian Minister of Economy Tigran Davtyan said this today noting that the fifth annual ArmTech Congress will be held in the Stanford University, Mediamax reports.

\"The congress will be devoted to Armenia\'s economy and issues of high technologies development\", said Tigran Davtyan.

The congress is expected to host about 150 participants and 40 of them - from Armenia. According to Tigran Davtyan, \"ArmTech Congress 2012\" will  host top representatives of major transnational organizations - IBM, Intel, Microsoft and others.

\"I think we\'ll manage to sign at least 3-4 agreements during the congress and they will present the investments in Armenia and activity initiatives.  As a result of the agreements, considerable activities and production will unfold throughout Armenia. We also expect bilateral meetings and discussions\", said the Minister of Economy.

\"Development of high technologies in Armenia is very important for us. We have already made huge success but we should create a high tech economy to continue the successes. Bringing \"ArmTech\" to Stanford, we expect to have serious discussions aimed at developing the high-tech sphere. The organization of this congress is a very big achievement for us\", added Synopsis Armenia CEO Reach Goldman.