Joint Technopark Agreement from Turkey and Azerbaijan

Minister of Industry and Technology Mustafa Varank, signed a partnership that is important for both countries during his visit to Azerbaijan. Minister Varank and Azerbaijan Minister of Digital Development and Transport, who met in Azerbaijan Resat Nebiyevbetween Turkey and Azerbaijan on the establishment of a joint technopark signed a memorandum of understanding.

Varank, who visited Baku to participate in TEKNOFEST Azerbaijan, talked about the importance of technology development zones in his meeting and spoke as Turkey. 92 technoparks and over 1600 With its R&D and design center stated that they have significant knowledge and experience. He said that nearly 8,000 companies operate in the technoparks.

Varank, in his statement at the meeting, stated that the success of exporting over 7 billion dollars from technoparks in Turkey has been shown so far. In this context, the teams to establish a Technology Development Zone in Baku. have been working for a long time explained. He also said that studies are being carried out on the determination of the stakeholders of the technopark to be established, the establishment of the managing company, the determination of the venue, the establishment of the incubation center, and the determination of the university.

“Hopefully, with the memorandum of understanding that we will sign today, as soon as possible We also hope that the technopark will be operational.” Mustafa Varank, who finished his words by saying, then with Reşat Nabiyev “Technopark Memorandum of UnderstandingHe signed on.