Bank Of Baku

Minister Ali Abbasov: “Production in IT sector rose 50% in Azerbaijan”

Minister Ali Abbasov: “Production in IT sector rose 50% in Azerbaijan”
# 17 January 2012 07:42 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. The volume of production in IT sector in the country during 2011 rose 50% compared to 2010 and made AZN 120 mln, Minister of Communications and Information Technologies Ali Abbasov said at a meeting of the Cabinet on outcomes of 2011, chaired by President Ilham Aliyev.

According to the minister, these products include mainly radio-electronic elements, optical carriers, computers, software modules and etc.

In general, in terms of ICT development for the last 5-7 years, Azerbaijan has one of the ten fastest growing countries.
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