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LEGAL FRAMEWORK FOR TECHNOPARKS REQUIRED

ICT Materials 30 June 2005 17:14 (UTC +04:00)

The creation of technoparks in Azerbaijan should be based on an appropriate legislative framework, according to an official with the Ministry of Communication and Information Technologies.

Addressing a roundtable, dedicated to opportunities for setting up a network of technoparks, the head of the ministry’s department of information and communication technologies, Aflatun Mammadov said that the expected legislative base will reflect better investment opportunities, as well as favorable business climate, including tax and customs incentives, etc.

The meeting discussed several projects related to the creation of technopark facilities in the country. One of the proposals, floated by the Ministry of Economic Development, envisions the setting up of a proper network of technoparks in would-be industrial areas.

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