As reported news.am, the Technopark building with total floor area 6500 square meters is planned to be build in Gyumri city's technological zone, Armenian Economy Minister's advisor Vahe Danielyan told to reporters on April 26.

With the bid price 1.67 billion AMD ($US 4.3 million), two construction companies, Bagramyanshin and Akhuryan Koopshin, won the Government invited tender. As per Danielyan, the construction will last eighteen months. About twenty companies will operate in the new technological center. The latter will have laboratories, an educational center, and business infrastructures. Next to Technopark, D-Link International Pte Ltd, a worldwide leader in designing and manufacturing of networking, broadband and digital electronics, also plan to build its regional office.