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Construction of new innovation center in Baku to start in 2018

ICT Materials 19 December 2017 20:29 (UTC +04:00)

Baku, Azerbaijan, Dec. 19

By Huseyn Valiyev – Trend:

Construction of a new innovation center [city technopark] will start in Baku in 2018, Ramin Guluzade, the country’s minister of transport, communications and high technologies, said.

He was speaking in Baku Dec. 19 at a regular meeting of the American Chamber of Commerce (AmCham).

Guluzade said that the ministry has implemented many joint projects with startups and financed over 100 IT projects.

“We are providing grant financing for startups,” the minister said. “A major innovation center will be created in Baku next year.”

Earlier, the Park of High Technologies OJSC told Trend that the city technopark’s activity will be focused on supporting startup projects, IT and Internet solutions.

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