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Azerbaijan seeks to attract world manufacturers of computer equipment

23 January 2017 13:02 (UTC+04:00)
Azerbaijan seeks to attract world manufacturers of computer equipment

By Rashid Shirinov

The government of Azerbaijan eyes possibility of localizing the assembly of computer equipment from leading world manufacturers, a source in the IT-market of Azerbaijan told Trend on January 22.

The source noted that this issue is still under discussion with several global vendors. But the source did not name the companies.

The H-Tech company, which is a resident of the Mingachevir branch of High Tech Park Ltd, has experience in implementation of similar projects in Azerbaijan, and participates in the negotiation process from the Azerbaijani side.

Previously, the company deployed the project on assemblage of computers under the brand of Taiwanese company Acer. The local company assembled the first batch of laptops - some 800 units.

A loan of 1.2 million manats ($640,000) was attracted from the State Fund for Development of Information Technologies for the implementation of the assembly.

The State Fund is preparing to allocate additional one million manats for the support of this project in order to achieve growing sales of products and increasing profitability of business of the local company.

ICT is considered to be one of the crucial spheres for the further development of the economy and an integral part of the economic and political reforms which are currently implemented in Azerbaijan.

Overall, the ICT sector has intensively developed in Azerbaijan over the past years. Creation and developing of the e-Government system, expanding the broadband internet services, launch of the telecommunication and low-orbit satellites, and many other are the evidence of Azerbaijan’s success in this sphere.

The income obtained in the sector in Azerbaijan is projected to hit $9 billion by 2020.

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Rashid Shirinov is AzerNews’ staff journalist, follow him on Twitter: @RashidShirinov

Follow us on Twitter @AzerNewsAz

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