Today at Four Seasons there was a conference "Investment environment for business and investment opportunities of the Internet." The event, organized by the Forum and the Internet StartUp, was supported by the Ministry of Communications and Information Technology (MCIT). The main sponsor is the a local mobile operator Bakcell.
According to the president of Azerbaijan Internet Forum Osman Gunduz, the next experience of foreign countries (Russia, Ukraine, Turkey) suggests that on the Internet, you can earn a lot of money, provided the infrastructure, the presence of solid (responsible) investors, along with all segments of this specific type of business. In Azerbaijan, investors invest in trade and the types of services where there is a "quick money." Therefore, Internet lags behind traditional businesses.
Starting opportunities in this field better than the usual sectors of the economy - do not have to pay for rent, have a private office in the stock markets and so on. Yield transactions via the Internet above, however, this requires more knowledge, otherwise the risk factor is multiplied.
The department head of strategic planning, investment and scientific potential of the ministry of Azerbaijan Elchin Zeynalov, usually the first step in the financial contribution to the little-developed types of business does the government. Decree of the President approved the Regulations on the activities of the State Fund for Development of Information Technology at the ministry, also approved rules for the use of the fund for lending, investments, equity in the winners of the design competition. By the way, grants will be provided for projects start up.
In addition, the tax payments and customs duties for a period of seven years will be exempt members of high tech park. It is provided for use in future fiscal and monetary benefits, which will also give impetus to the development of entrepreneurship in the ICT sector. These measures are taken in the framework of the concept of development of this sector of the economy up to 2020. - 17D-
Economics
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Azerbaijani President Ilham Aliyev has signed amendments to two presidential decrees, refining the roles and appointments of the State Customs Committee's representatives abroad, including in international organizations.
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Auditing organizations and independent auditors in Azerbaijan concluded 7,232 contracts valued at 133.2 million manats ($78.4 million) in 2023, reflecting increases of 20% in the number of contracts and 7.1% in their total value compared to the previous year, according to the Chamber of Auditors.
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The third meeting of the auction commission was held to evaluate the proposals submitted by participants in the auction for the Gobustan Solar Power Plant project, supported by the European Bank for Reconstruction and Development (EBRD). The meeting focused primarily on determining qualification eligibility and selecting the auction winner, according to the State Agency for Renewable Energy Sources.
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There is no sensationalism in the recent renaming of the Azerbaijani ship Karabakh to Mingachevir; the new name was given to the ship to ensure that two vessels would not operate under the same name, the Merchant Fleet of Azerbaijan Caspian Shipping Company (ASCO) CJSC told Turan.
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