High-tech park to be established in Azerbaijan
Azerbaijan, Baku, Nov. 5 /Trend/
Azerbaijani President Ilham Aliyev signed a decree on the establishment of the High Technology Park in the country.
According to the decree, the "High-tech Park" is a territory which has the necessary infrastructure, material and technical basis, management structures for preparation of new and high technologies, research in the field of energy efficiency, space and telecommunications, information technology and communications.
Joint organization of events by the Ministries of Communication and Information Technology, Economic Development, Education, and the National Academy of Sciences of Azerbaijan should be ensured.
LLC "High Tech Park" is being established under the Ministry of Communications and Information Technology for the organization and management of the Park.
Reorganization and (or) the abolition of the company is executed by the President of Azerbaijan.
The Cabinet of Ministers is instructed to ensure the transfer of 30 ha territory of superphosphate plant, which is subordinated to Azerkimya of SOCAR, to the company, and inform the President about it.
The Ministry of Taxes and the State Committee for Property Affairs is instructed to take measures for the state registration of the LLC High Tech Park.
The Cabinet of Ministers is instructed to periodically inform the President of Azerbaijan on the work done in connection with the execution of the decree.