Armenian-Indian IT Excellence Center to open at Yerevan State University in early November

YEREVAN, September 20. / ARKA /. The Armenian-Indian IT Excellence Center will open at Yerevan State University in early November 2011, Bagrat Yengibarian, director of Enterprises Incubator Foundation (EIF) told ARKA.

Earlier Yerevan State University rector Aram Simonian had said it would open in late September or early October.

Bagrat Yengibarian said under a preliminary arrangement Indian communications and information technology minister will visit Armenia November 8-9 to attend the opening ceremony.

The agreement on the establishment of the  IT Center was reached in 2009. The Center is supposed to have Indian-manufactured Param supercomputer with the performance capacity of 10-40 gigaflops. It is said to cost $1.5 million.

The Armenian-Indian IT Center is a joint initiative of the Armenian and Indian governments and the Armenian Incubator Enterprises Foundation. It will be funded by the government and the university. The equipment for the Center was provided by the Government of India.

Under the agreement, the cost of the Center is estimated at $3 million, of which $2 million are Indian investments  in the form of equipment, and the rest is provided by the Armenian side. The aim of the agreement is to promote  bilateral cooperation in IT sector, in particular, to help create new jobs, train  highly qualified IT specialists  and attract investment in the Armenian IT market. -0-

Read the news first and discuss them in our Telegram

20:42 09/20/2011