The project on draft regulation of the Azerbaijani State Fund for Development of Information and Communication Technologies is expected to affirm, said the Minister of Communication and Information Technologies Ali Abbasov.
The Minister noted that authorized capital of the Fund is expected to be AZN 15 mln.
The Fund purpose is promote to activity in the ICT sector, expand introduction of innovations, and scientific research.
Fund’s work will be aimed at supporting production activities in the ICT field and raise foreign investments in this area.
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