Education

 

Innovation is at the core of the Foundation's education strategy which is focused on universities and their links to research and industry.

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CONVERGENCE CENTER PROJECT

The Convergence Center will link pockets of academic excellence into a critical mass to promote competitiveness. Based on an innovative model that combines academic and research facilities with industry and commerce, the Center will offer funding and shared resources to universities and will broker their relationships with leading academic centers abroad.

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Healthcare

 

Armenia has the potential to become a regional leader in the diagnosis and treatment of oncological and cardiovascular diseases.

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NUCLEAR MEDICINE PROJECT

Armenia has the potential to become a regional leader in nuclear medicine and a center of excellence in oncology and cardiology. The $40 million Nuclear Medicine Project will lay the foundations for realizing this potential by acquiring the latest technology in the field and partnering with foreign investors for the transfer of technology and knowhow to Armenia.

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Tourism

 

Armenia has a significant unrealized competitive advantage in tourism.
Our country is poised to enter its expansion phase in high-value leisure tourism with great opportunities for development.

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TATEV REVIVAL PROJECT

A UNESCO World Heritage candidate, the Tatev monastic complex is located in a spectacular natural setting. The $25 million project consists of several components: conserving the complex, reviving its monastic and scholarly tradition, developing tourism products in the adjacent river gorge and villages, and building the world's longest reversible aerial tramway.

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Networks

 

In addition to its sector-specific programs in education, healthcare and tourism, the Competitiveness Foundation develops programs aimed at promoting competitiveness through increased access to knowledge and knowhow.

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BROADBAND ARMENIA

The Broadband Armenia Project will extend high-performance internet infrastructure throughout the country. It will strengthen Armenia's linkages with international telecommunications backbones, increase reliability, and lower the price of internet services. The resulting broadband infrastructure will create new opportunities for entrepreneurship and innovation.


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BOARD OF TRUSTEES

The Board of Trustees of the Competitiveness Foundation is made up of six government representatives, six distinguished international business executives, and one representative of the international donor community in Armenia. The Chairman of the Board is the Prime Minister of the Republic of Armenia. The Foundation's trustees are:


Tigran Sargsyan
Prime Minister


Vahram Nercissiantz
Chief Economic Advisor
to the President of Armenia


Tigran Davtyan
Minister of Finance


Nerses Yeritsyan
Minister of Economy


Edward Nalbandyan
Minister of Foreign Affairs


Artur Javadyan
Chairman of the Central Bank
of Armenia


Noubar Afeyan
CEO, Flagship Ventures


Andre Andonian
Munich Office Director
McKinsey & Company


Raffi Festekjian
CEO, Wolters Kluwer, PCi


Armen Sargsyan
Founding Director
Eurasia House International


Ruben Vardanyan
CEO, Troika Dialog


Ralph Yirikian
CEO, VivaCell-MTS


Aristomene Varoudakis
Country Manager for Armenia
World Bank



ABOUT THE CEO

Pegor Papazian is the Chief Executive Officer of the National Competitiveness Foundation of Armenia.

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