
ArmInfo. Armenia is interested in attracting investments that will not only ensure capital inflows but also promote production development, the introduction of new technologies, and the exchange of international experience. This was stated by Armenian Minister of Economy Gevorg Papoyan during a ministerial roundtable discussion on "The Next Decade of Global Investment," which took place in Geneva as part of the 30th World Investment Conference.
Papoyan also spoke about Armenia's significant potential and development prospects in the fields of technology and artificial intelligence, emphasizing the strategic goal of transforming the country into a regional technology hub. The Minister highlighted the Firebird AI plant construction project as one of the significant investment initiatives in this area.
In his speech, he also touched on the development of the green economy, in particular green hydrogen and biogas production projects, as well as opportunities for cooperation in these areas with international partners.
The Minister emphasized the importance of the Crossroads of the World initiative and the TRIPP project for establishing Armenia as a regional transport and logistics hub.