Azerbaijan Announces Dates For Digital Economy Strategy Adoption

(MENAFN- Trend News Agency) BAKU, Azerbaijan, September 21. Azerbaijan's digital Economy strategy is expected to be approved by the end of this year after collecting feedback and proposals from the public and private sectors, Fariz Jafarov, executive director of the Center for Analysis and Coordination of the IV Industrial Revolution (4sim) under the Ministry of Economy, said at a conference dedicated to the Days of Cybersecurity of Azerbaijan (ICSD 2023), Trend reports.

According to him, the digital economy strategy envisages public-private partnership.

"About 34 projects are envisioned in the private sector and 14 in the public sector. The digital economy strategy with the cluster concept includes a number of sectors, including tourism, transportation, logistics, agriculture, food and other sectors. In accordance with the areas of activity of each ministry, the country has worked to harmonize this strategy with the existing strategy of the ministries," he said.

The New Generation Economy Strategy developed in Azerbaijan includes such areas as Big Data, artificial intelligence, the Internet of Things, digital marketing, and other areas considered necessary for the transition to a digital economy.


Trend News Agency

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