The Minister of Communications and Information Technologies, Ali Abbasov, said that in the coming years, the country will have great funds from the ICT sphere.
Speaking at a conference on the new goals and objectives in 2013-2018 years , he said that Azerbaijan plans to bring to the international ICT market their products. Without specifying what kind of products , the minister said that Azerbaijan has a leading position in the CIS for the development of the Internet. "Azerbaijan has already earned $10 million from the operation of an artificial satellite and returned 70% of loans taken for its launching."
Currently, the country earns $ 2 billion a year in the field of ICT, said Abbasov . "Our goal is to bring the level of income of this sector to 8-8.5 billion by 2017. Annual growth in this area is 15-18 %.
Abbasov said that by 2020 all public services will be provided through e-government.
He also assured that a favorable business environment will be created, a new tax policy will be introduced, and industrial parks will be created.
Oil revenues will be invested in the development of technology and the non-oil sector.
By 2020, the volume of state investments in the ICT sector will be $ 3.3 billion, approximately the same amount will comprise private investment, said Ali Abbasov. -03C-
Economics
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