Gyumri Technology Center

The best place to organize various events: Gyumri Technology Center offers large and small halls provided with all the necessary equipment, as well as air conditioning, flexible setup, high-speed internet with latest technologies.

Supply of Computer Equipment for Vanadzor Technological Center (VTC) and Innovative Solutions and Technologies Center (ISTC)

The Republic of Armenia has received a loan from the International Bank for Reconstruction and Development toward the cost of E-Society and Innovation for Competitiveness Project , and it intends to apply part of the proceeds of this loan to payments under the agreement resulting...


Michael Betts

I had the pleasure of cooperating with FFPMC during the period April 2010 to December 2012 in connection with the World Bank supported assignment “Transaction Advisory Services for Implementing the Concessions for Waste Collection / Sanitary Cleaning Services and the Landfill Design-Finance-Build-Operate arrangement for Yerevan City”.  The main objective of the assignment was to provide management support and technical / financial assistance to the Government of Armenia for the procurement of new municipal solid waste management infrastructure and services for Yerevan, the capital city of Armenia.

This was a complex and politically-sensitive assignment requiring the engagement and continuing cooperation of several key stakeholders, in particular the Municipality of Yerevan, the Ministry of Economy and the Ministry of Finance.  Throughout the assignment, the FFPMC provided invaluable advice and support, especially in understanding the roles and interests of key stakeholders, and in reaching key decisions with respect to project execution.  I always found Edgar Avetyan and his team at the FFPMC to be friendly, knowledgeable and helpful, and I have no hesitation in commending them for their dedication and professionalism.

   Michael Betts, Managing Director

 Integrated Skills Limited, UK