Minister Ali Abbasov: $ 2.5 billion was invested in Azerbaijan’s ICT sector over the past 10 years
Baku. Nijat Mustafayev – APA
-Economics. $ 2.5 billion was invested in Azerbaijan’s ICT sector over the past 10 years, ICT Minister Ali Abbasov said in an interview to the official website of New Azerbaijan Party, APA
The minister said that over the past 10 years the average annual growth rate of ICT sector amounted to 20-25% in Azerbaijan. To him, the sector expanded by 2 times every 3 years, and its capacity increased by more than 6 times, exceeding $ 2 billion.
‘In addition, the share of private sector in incomes on the sector raised from 67.4% to 80%’, said Abbasov.
He added that over the past 10 years, the number of mobile subscribers increased by 7 times and exceeded 10.1 million, while the number of Internet users per 100 people grew by 14 times.