On
January 12, 2024, "Infrastructure in Exchange for Investment" support
event was held at the Armenian Ministry of Economy in the presence of
Minister Vahan Kerobyan, during which the signing ceremony of compensation
agreements was held.
Rostelecom Armenia
participated in the program within the framework of the largest data processing
center under construction in Armenia. Taking into account the strategic
importance for the country, the investment program of the Data Processing
Center was approved by the Government of the Republic of Armenia and included
in the program of the Ministry of Economy.
This state-of-the-art facility
will provide the bulk of data management and cloud services in Armenia. Cloud
services will occupy a key place among Rostelecom Armenia's offers, providing
scalable, secure and efficient solutions.
TIER III's internationally
compliant data center has a capacity of 2.5MgV and includes 218 server cabinets
and the latest cloud technologies that will provide secure data processing and
storage for businesses as well as government agencies, thereby contributing to
the development of Armenia's digital future.
"As part of our
Infrastructure for Investment support program we ned a
compensation agreement with the Ministry of Economy of the Republic of Armenia.
It is pleasant to realize that Rostelecom Armenia's major
project has been positively assessed by the Government of the
Republic of Armenia as a strategically important initiative . The large-scale
work on the construction of the Data Center is neang completion and will
undoubtedly have a great and positive impact on the development of digital
technologies in Armenia. We highly appreciate the fact that the Armenianment is
on the side of organizations investing in Armenia, and this support obliges us
very much," said Hayk Faramazyan, CEO of Rostelecom Armenia.
Rostelecom Armenia's data
center is being built in the city of Abovyan and is scheduled to be launched in
spring 2024.