Today.Az » Society » Regional Innovation Zone to start operating in Azerbaijan this autumn
10 April 2010 [09:54] - Today.Az
Within the framework of annual Azerbaijan international exhibition Bakutel it is planned to create regional innovation zone (RIZ).
At a session of the Caspian-European Integration Business Club (CEIBC) Communication Minister Ali Abbasov of Azerbaijan has said that a possibility to create certain simplified option of RIZ is under consideration.
“At ="Bakutel 2010" exhibition such zone will be created in virtual format,” the minister said.
Special economic zones are supposed in Azerbaijan in two directions.
“The first direction is realization of state orders and the second is manufacture of products for export,” the minister said.
RIZ Project in Azerbaijan is now at the second out of the four stages of its realization.
The Ministry developed its own concept of the project including the most optimal elements of such projects.
For that the MCIT conducted consultations in the United States, South Korea, and at domestic level. As a result, the Ministry came to conclusion that at primary stage RIZ will be restricted with physical zone and in the process of development will turn into virtual cities and turn eventually into virtual zone.
The MCIT also defined industries of economy in which use of information technologies would be more effective: they are oil-gas and ecological sector.
Azerbaijan has already passed the Law on Special Economic Zones that creates legal bases for creation of RIZ.
Cisco, Intel, HP, Microsoft, Ericsson, and Siemens expressed a desire to take part in this project.
/Abc.az/
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