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Azerbaijan, Singapore forge partnership for SME digitalization (Updated)

ICT Materials 29 October 2024 09:46 (UTC +04:00)

BAKU, Azerbaijan, October 29. The Innovation and Digital Development Agency under Azerbaijan's Ministry of Transport and Digital Development has signed a Memorandum of Understanding (MoU) with Singapore’s state-owned Singapore Cooperation Enterprise (SCE), Trend reports.

The MoU is set to pave the way for a win-win partnership in the digital transformation of small and medium enterprises (SMEs).

As part of the collaboration, the parties will exchange knowledge and develop skills in the area of digital government services, policies, and regulatory frameworks. The goal of the memorandum is to promote cooperation in the digitalization of SMEs and other sectors.

To note, Singapore has significant experience in the digitalization of SMEs, having worked in this area since 2017.

The Innovation and Digital Development Agency was founded as a public legal organization under the Ministry of Digital Development and Transport by a decree issued by the President of the Republic of Azerbaijan Ilham Aliyev on October 11, 2021.

The Agency of Innovation and Digital Development is committed to coordinating digital transformation activities across the country, developing a local innovation environment, and enhancing the overall ecosystem. The agency's primary focus areas include nuclear science and technology testing, assisting individuals and entities with innovation-driven scientific research and startups, facilitating the adoption of modern technologies, ensuring accessible educational and career opportunities in the ICT sector, and establishing and managing the digital government and society.

09:35

The Innovation and Digital Development Agency under Azerbaijan's Ministry of Transport and Digital Development has signed a Memorandum of Understanding (MoU) with Singapore’s state-owned Singapore Cooperation Enterprise (SCE), Trend reports.

The MoU is set to pave the way for a win-win partnership in the digital transformation of small and medium enterprises (SMEs).

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