Armenia must transform into manufacturing country from service-rendering, says high-tech industry minister

YEREVAN, NOVEMBER 13, ARMENPRESS. The fundamental research, ideas and dreams of Armenian scientists ought to be realized in Armenia itself and not elsewhere, Minister of High-Tech Industry Mkhitar Hayrapetyan has said.

Speaking in parliament at the 2025 government budget bill debates, Hayrapetyan said Armenia must transform into a manufacturing country from a service-rendering country. 

He told lawmakers that innovation is important for rapid economic development, increase of the quality of life in various sectors such as education, healthcare, as well as providing new opportunities to the citizens. 

“We believe that very soon Armenia must grow into a product manufacturing country from service-rendering country. And that should be the international brand, international representation in the technological world. We believe that the fundamental research, ideas and dream that the scientists and scientific-research teams have must be realized in Armenia itself, become prototypes, then pass into serial production and get exported,” the minister said.