Azerbaijan to produce branded high-tech equipment
By Nigar Orujova
Azerbaijan will begin manufacturing high-tech equipment under the brand 'Made in Azerbaijan' at the High Technology Park in Mingachevir.
The Communications and High Technologies Ministry reported that the operation will focus on the capacity of the KUR plant for the production of computer equipment.
At present, an incubation business center is located on the grounds of the Mingachevir branch of the organization.
The Mingachevir business incubator is organized on the principle of the incubator operating in Baku, and contributes to supporting innovative ideas and projects at the regional level.
The activities of the business incubator aim to support innovation and projects, as well as new technological solutions.
The first resident of the Mingachevir business incubator has already started operating. As it was previously announced, this is the Taiwanese company Acer.
The Kur plant, a joint venture of the production association Teleradio of the Communications and High Technologies Ministry and the IT-company Sinam, began manufacturing Acer equipment in October.
The production capacity of the High-Tech Park, and favorable conditions for residents, is promoting the launch of production of a wide range of high-tech products under the brand Azerbaijan, which is designed for both domestic consumption and export.
Mingachevir Park was set up to encourage sustainable development and economic competitiveness. The facility will stretch across 1.3 hectares. An initial investment of 2 million manats was allocated for the project.
The Mingachevir High Tech Park is cooperating with Baku High Tech Park, which is currently under construction, on a 50-hectare plot of land in the Pirallahi district of the capital.
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Nigar Orujova is AzerNews’s staff journalist, follow her on Twitter: @o_nigar
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