Bank Of Baku

Elmir Valizadeh: Investments in ICT sector is at satisfied level in Azerbaijan

Elmir Valizadeh: Investments in ICT sector is at satisfied level in Azerbaijan
# 05 November 2012 11:27 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. The level of investments in ICT sphere is satisfied in Azerbaijan. But we realize appropriate measures to increase the amount of this investment, Deputy Minister of Communications and IT Elmir Valizadeh said, APA reports.

He noted that during the recent years, the volume of investments in ICT sphere was more than AZN 700 mln, of which, 21% fell to share of foreign, the rest – local investments.

Valizadeh said that local companies had increased their interest towards the investment in this sphere: ‘At the same time, Azerbaijani government always supports involvement of new investments’.
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