High Technology Park to be established in Mingechavir

President of Azerbaijan Ilham Aliyev has ordered the establishment of the Mingechavir High Technology Park.

Mingechavir Park, on a territory of 1.3 ha, will conduct scientific research and development work to develop and improve high technology and innovative products. 

The Ministry of Communications and High Technology will be an authorized body to regulate all the issues related to the Park.

The Ministry of Finance was instructed to provide AZN 2 million from the President’s reserve fund.