D-LINK TRANSFERS ITS INDIA-BASED RESEARCH CENTER TO ARMENIA

ARMINFO
Monday, February 25, 17:43

D-Link, a big network and telecoms equipment producer from Taiwan, is
going to transfer its India-based research center to Armenia, Head of
D-Link’s Armenian Office Armen Shahnazaryan told journalists on Monday.

On Jan 31 2013 the Government of Armenia granted D-Link’s Armenian
Office 3bln AMD worth real estate in Gyumri for a 25-year $8.5mln
investment program to open a research and testing center but because of
some legislative problems the launch of the program has been put off.

He said that the Gyumri center will be opened in Feb-Mar 2014, while
a similar center in Yerevan will be launched by the end of this year.

“By the end of this year we were planning to have 107 programmers in
the centers and to pay them over $900 a month, but now we will have
just 64 programmers by the deadline because we will have to retrain
them. According to D-Link’s plans, by the end of 2014 the two centers
will have 250 programmers (of them 100 in Gyumri),” Shahnazaryan said.

He explained that the key reason why D-Link’s investment program was
put off is that the area the Gyumri center will be built in has been
given on free lease, while the law says that no construction can be
undertaken over a leased area.

From: Emil Lazarian | Ararat NewsPress