Bank Of Baku

Azerbaijan to launch regional innovation zone project

Azerbaijan to launch regional innovation zone project
# 14 December 2009 16:41 (UTC +04:00)
Baku. Aynur Veliyeva - APA-ECONOMICS. Azerbaijan’s Ministry of Communications and Information Technologies is completing work on the regional innovation zones project, said Rufat Gulmammadov, Information Society Officer of the Ministry of Communications and Information Technologies.

According to him, the package of proposals on the project has already been submitted to the Government.
The project will be launched after approval by tax and customs structures.
Proposals on several versions of the tax regime in the regional innovation zones will be presented to Parliament before the end of the year. Duties may be reduced down to zero.
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THE OPERATION IS BEING PERFORMED