THE WORLD’S NEXT TECH HUB: ARMENIA

THE WORLD’S NEXT TECH HUB: ARMENIA
  • Posted on 19.05.2020

Tech Is Now The Largest Foreign Investment In Armenia And Many Of The World’s Most Powerful Technology Firms All Have A Physical Presence There.

Armenia is a landlocked country in the bowels of the Caucasus with scant natural resources. It doesn’t have any ports. It isn’t on the road to anywhere. You can’t even enter or exit Armenia from the east or west, where hostile relations with both Azerbaijan and Turkey have resulted in long closed borders. All the country has is human capital, which it’s doubling-down on as high-tech research and development has become a national priority—a do or die objective to connect and do business with the outside world and break the blockade that’s building up around it.

While Armenia has been making strides towards developing its high-tech sector for many years, it wasn’t until the Armenian Revolution of 2018 that momentum really started to build. Suddenly, the little, insignificant country hidden deep in the centerfold of the world map was full of hope and looking forward to a future that seemed unusually bright.

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