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Eight More Companies Granted Resident Status In Armenia’s Engineering City.

HomelandEconomyEight More Companies Granted Resident Status In Armenia's Engineering City.

On July 6, Eight more companies were granted resident status at the Engineering City in Nor Nork, Armenia, informs the Ministry of High-Tech Industry of Armenia.

By the decision of the certification commission, Hayk Chobanyan, Armenia’s Minister of High-Tech Industry in an official ceremony handed over the certificates to the following companies:

  • Eia Engineering
  • Hylink Technology
  • Insol
  • Integrator
  • Engineering Plaza
  • Van Technologies
  • Urartu Systems
  • Project Integration

The engineering city is planned to be provided with advanced engineering equipment, research-prototype laboratories, machine-building-production machines, which are available for both companies operating in the Engineering City and other engineering-high-tech companies.

The 3-hectare land of the Engineering City is located at 74 Bagrevand Street, Nor Nork, Yerevan. As a result of the project, it is planned to create a new ecosystem, where engineering and high-tech companies will have the opportunity to develop and implement innovative ideas for local and international markets using modern infrastructure.

The Acting Minister congratulated all the companies on receiving a resident certificate and stressed that the program is a result of many years of work, thoughts, dreams of many people. He expressed hope that the selected companies would contribute to achieving the goals set for the coming decades.

“If the companies meet the criteria for participation in the project, they will get the chance to acquire appropriate land through donations to build their offices. According to him, the residents will also have access to the jointly used modern engineering and prototype laboratories, production machines and equipment,” said Bagrat Yengibaryan, director of the Enterprise Incubator Foundation.

Engineering and high-tech companies can still apply for the status of a resident of the Engineering City.

Application conditions and other details are available here.

Places are limited, and priority will be given to earlier applications.

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