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News - Ardshinbank and Dalan Technopark have signed a cooperation agreement (PHOTOS)

Business Strategy

Ardshinbank and Dalan Technopark have signed a cooperation agreement (PHOTOS)

by Lilit Nov. 23, 2023

Ardshinbank and Dalan Technopark have announced the signing of a cooperation agreement. Ardshinbank has become the main partner of the technopark, financing one of the largest projects in the construction industry. The agreement was signed at Dalan's construction site, attended by representatives of companies involved in the project, guests, and buyers. Ayk Bagratuni, the director of 1SQ, the company managing the Dalan Technopark project, said, "Dalan Technopark is one of our most important projects, and we highly value cooperation with reliable partners in realizing the project. We are confident that the creation of such an ambitious project will create favorable conditions for increasing Armenia's attractiveness among leading international IT companies." "Our goal is to create a dynamically developing business environment that will bring together leading Armenian and international technology companies in the region under one roof in accordance with international standards, where it will be comfortable to work, improve professionalism, and develop creative thinking," said project leader Yervand Oganesyan. Commenting on the event, Armen Gasparian, Director of Corporate Business at Ardshinbank, particularly noted: "For Ardshinbank, it is important to build effective partnerships and be beneficial to business, so we finance projects significant for the country. The Dalan Technopark project is a vivid confirmation of this. Thanks to financing from Ardshinbank, the facility will be continuously funded and built according to the stated deadlines. From our point of view, the Dalan Technopark project will not only enhance Armenia's attractiveness for IT companies and investors, but, importantly, its implementation will create radically new working conditions for around 3000 office workers. As a strategic financial institution, we are ready to support such projects not only financially but also by providing the business with the most modern financial services. We hope that the emergence of Dalan Technopark will give impetus to further economic development in our city and, in general, our republic. We are pleased that Ardshinbank has a significant role in this development." The construction of the technopark will be completed in 2026. The activities of Ardshinbank are regulated by the Central Bank of the Republic of Armenia.

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