Today marks 9 years since the establishment of the Ministry of Communications and Information Technologies (MCIT). Ministry established order of the President of the country from February 20, 2004 at the former Ministry of Communications.
According to the ministry, its creation was caused by the high rate of development and penetration into the daily life of information technology.
A good example is the implementation of an intensive development during the period of significant works in the information technology sector, government programs adopted in the field of ICT, the creation of the space industry and the launch of the first telecommunications satellite, a substantial increase in output of goods and services within the realized over the years of large-scale projects. Establishment of the Ministry helped the rapid development and deployment of information technology in the country.
For more rapid development of the sector and to ensure the application of advanced technologies in various areas of everyday life of the citizens in 2013 declared the head of state in the Republic of Azerbaijan "Year of information and communication technologies."
Recall that in Azerbaijan the first Ministry of Communications was created after the establishment in 1918 of the Azerbaijan Democratic Republic. Then this structure was called the Ministry of Post and Telegraph. - 17D-
Economics
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BP, the operator of the Shah Deniz gas condensate field, announced on Sunday that production from the Shah Deniz Alpha platform resumed on the evening of January 18. This followed the complete resolution of a technical issue with the subsea condensate export pipeline between the Shah Deniz Alpha platform and the Sangachal terminal.
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SOCAR President Rovshan Najaf met with the Minister of State for Petroleum of Pakistan, Musadik Malik, on January 18. According to SOCAR, the discussions covered joint energy projects, achieved outcomes, and cooperation opportunities in various areas, including the trade of petroleum products.
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The State Statistics Committee of Azerbaijan reported that in 2024 investments in fixed assets reached 21,435.1 million manats, which is 0.7% less than in 2023. While overall figures edged lower, the sectoral breakdown reveals notable disparities between the oil and gas sphere and non-oil industries.
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Azerbaijan’s industrial enterprises and individual entrepreneurs reported a modest 1.1% year-on-year increase in industrial production during 2024, reaching an output valued at 64.1 billion manat. The State Statistics Committee attributed the overall growth to a 0.5% expansion in the oil and gas sector, while non-oil and gas industries surged by 7.3%.
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