iGaming software solutions provider Digitain has announced plans to build a new tech hub for developing companies in the Armenian capital Yerevan.

Named ‘DigiTown’, the complex will offer free working space for an initial year to the region’s most ambitious tech startups in a full-service ecosystem.

As well as fostering regional growth, Digitian hopes that the launch of DigiTown will further attract foreign investment into the country.

“Armenia’s contribution to tech world of IT and tech speaks for itself,” said Digitain CCO Suren Khachatryan. “As one of Armenia’s most successful companies, we’re delighted to be launching such an ambitious project, one that we hope will continue to put one of the most dynamic, fast-growing regions on the map.”