At HANNOVER MESSE 2018, Made in Armenia is, for the first time, showcased prominently on the international stage. On display are four precision engineering firms and industrial internet of things (IIoT) companies, the Union of Precision Engineering Enterprises, three Armenian free economic zones, and two Armenian technology centers. All selected as ambassadors to link the Armenian tech and engineering sector with international partners and investors.
These initiative is supported by SMEDA (The Support to SME Development in Armenia project), which aims to create employment opportunities and foster private sector development in Armenia. SMEDA is co-funded by the EU and BMZ, and implemented by GIZ.
The objective of SMEDA is to improve the business and investment climate and support the creation and development of SMEs to enable broad-based growth in Armenia.