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Azerbaijan’s New Economic Icon: the IT Sector

In fifteen years, Azerbaijan's revenues from the IT sector will equal to the revenues from the oil sector. This sensational and rather ambitious statement was made by the Minister of Communications and Information Technologies, Ali Abbasov, while speaking at the meeting of the Caspian Integration Business Club, an organization that unites 300 companies from 30 countries in the Black Sea-Caspian region.

Link http://www.cacianalyst.org/?q=node/4464
Author Ismailzade, F
Date 21-Feb-2007
Institute Central Asia-Caucasus Institute
Tags Azerbaijan, IT, revenue, oil

See also

  1. Azerbaijan and Turkmenistan probe rapprochement
  2. Caucasus and Central Asia (CCA) Review - June 2007
  3. Caspian oil and gas: the facts at the end of the year 2000
  4. Covering oil – a reporter’s guide to energy and development
  5. Why 90 per cent of FDI goes to oil sector in Azerbaijan; institutional reasons of the unsteadiness between oil and non oil sector

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