Bank Of Baku

Azerbaijan increases IT sector by 6 times during past 5 years - FOTO

Azerbaijan increases IT sector by 6 times during past 5 years - <font color=red>FOTO</font>
# 04 October 2012 12:56 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. During past 5 years, Azerbaijan has increased Information Technologies sector by 6 times, product export – by 5 times, share of private sector rose to 80%, said the head of press service of the Ministry of Communication and IT Mushvig Amirov.

He says ICT incomes double per 3 years and this Azerbaijan outstrips world average index by 2-2.5 times.

He also noted that, $3 bln were invested in Azerbaijan’s ICT sector during 2004-2011, of which 21% made foreign investments.

International internet canals capacity repeatedly increased to 200 GB/sec.

According to him, 65% of population are internet users and approximately half of them are broadband internet users: “For this index, Azerbaijan outdtrips world index by twice”.
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