The opening of the Engineering City Business Accelerator building took place, attended by the Prime Minister

On October 4, Prime Minister Nikol Pashinyan attended the opening ceremony of the Business Accelerator building in the Engineering City.

The Minister of High-Tech Industry of the Republic of Armenia Mkhitar Hayrapetyan accompanied the Prime Minister, who toured the building, reviewed the performed work and the established conditions. It was reported that AMD 810.4 million was spent on the construction of the building and parking lots, improvement of the territory, as well as the purchase of equipment and furniture in 2024, and as of October 2, 2025, about AMD 1.2 billion. The funds were allocated from the state budget of the Republic of Armenia.

In addition, Nikol Pashinyan visited the Charles Aznavour National Supercomputer Center of Armenia, where the existing capabilities and the expected results of the Center's activities were presented.

The Prime Minister also got acquainted with the works and samples presented at the “Armenia-Engineering Week” expo, as well as with the activities of the PMI Science engineering laboratories.

Afterwards, Prime Minister Nikol Pashinyan met with representatives of the information technology sector. During the meeting, the Prime Minister answered questions of interest to the attendees. These questions related to the further development of the sector, the external balanced and balancing policy of the RA Government, the ideology of Real Armenia, and other topics.

The Engineering City is a public-private partnership program implemented by the Enterprise Incubator Foundation (EIF) with the active and key support of the RA Ministry of High-Tech Industry, in cooperation with the World Bank, the Engineering Association, and a number of private sector companies. The main goal of the program is to contribute to the development of high technologies in Armenia by forming an innovation ecosystem, where engineering and high-tech companies can develop and implement innovative ideas for local and international markets using modern infrastructure.