Minister Ali Abbasov: $ 2.5 billion was invested in Azerbaijan’s ICT sector over the past 10 years

Minister Ali Abbasov: $ 2.5 billion was invested in Azerbaijan’s ICT sector over the past 10 years
# 29 August 2013 09:04 (UTC +04:00)

The minister said that over the past 10 years the average annual growth rate of ICT sector amounted to 20-25% in Azerbaijan. To him, the sector expanded by 2 times every 3 years, and its capacity increased by more than 6 times, exceeding $ 2 billion.

‘In addition, the share of private sector in incomes on the sector raised from 67.4% to 80%’, said Abbasov.

He added that over the past 10 years, the number of mobile subscribers increased by 7 times and exceeded 10.1 million, while the number of Internet users per 100 people grew by 14 times.

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