With the development of ICT become relevant amendments to the country's laws relating to business, said at the conference "Internet business in Azerbaijan: current state and prospects of development" Minister of Communications and Information Technologies Ali Abbasov.
According to him, the development and strengthening of StartUp project for talented young people to create all the necessary conditions on the ground. In addition envisaged investments and benefits need to be regional residents and business incubators, he said.
Particular attention is paid to his speech, the current government ICT Development Fund and High-Tech Park, designed to provide benefits to justify itself projects. The leadership of the latter is already looking for suitable office infrastructure, where for a nominal rent young private entrepreneurs of the ICT sector will be able to work, speak and meet with potential partners, including investors. - 17D-
Economics
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Azerbaijan’s Cabinet of Ministers approved a detailed framework for the preparation of sector-specific strategic plans aimed at guiding the country’s economic development over the medium term.
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Azerbaijan’s ADY Express, a subsidiary of Azerbaijan Railways CJSC, signed several strategic agreements on the sidelines of the Logitrans Türkiye 2024 exhibition in Istanbul, Turkey, reinforcing its commitment to expanding freight transport services along the Middle Corridor.
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Azerbaijan plans to establish state-of-the-art battery storage facilities for green energy with a total capacity of 350 MW within the next 4-5 years, a well-informed source in the Ministry of Energy told Turan.
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Shareholders of the Caspian gas condensate "Absheron" project plan to approve the Front End Engineering Design (FEED) in December, laying the groundwork for full-scale development of the field, an informed source told Turan.
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