Azerbaijan is still a high level of mobile phones per capita. According to the Ministry of Communications and High-Tech, for every 100 people there are 108 mobile phone users in the country. In addition, each a hundred people on average have 17.1 fixed telephones.
As stated in the annual report of the structure, the total investment in the development of ICT telecommunications and mail accounted for 354 900 000 manats as of January 1 (annual growth of 3.7 times), of which 189 million manats fell on the public sector (an increase of almost 5 times).
Recall that in the GDP there is a 2% share of communication. In the past year across the country there were commissioned 124 new telecom exchanges and there were laid fiber optic cables with a total length of 575.5 km. --17D-
Economics
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The Central Bank of Azerbaijan (CBA) has approved the "Green Taxonomy," according to a decision by its Board of Directors on November 13.
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Azerbaijan's state oil and gas company, SOCAR, has signed a joint development agreement with Bulgaria’s "Asarel Energy," part of the Asarel Medet holding group. The agreement was signed on November 13 during the COP29 summit in the presence of the Presidents of Azerbaijan and Bulgaria, Ilham Aliyev and Rumen Radev.
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Saudi Electricity CEO Khalid Al-Hamidi and Baba Rzayev, Chairman of Azerbaijan's state-owned energy company Azerenergy, signed a memorandum of understanding (MoU) on Wednesday during the COP29 summit in Baku. The agreement, inked after a high-level meeting between Azerbaijan's Minister of Energy and his Saudi counterpart in the event’s Blue Zone, aims to enhance cooperation on integrating renewable energy into Azerbaijan’s power grid.
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The CEO of ICGB, the operator of the Greece-Bulgaria Interconnector (IGB), Theodor Georgieva, underscored the critical role of Azerbaijan and other gas suppliers to the European Union in the event of a potential cessation of Russian gas deliveries through Ukraine, speaking to journalists on the sidelines of COP29 in Baku.
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