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30.08.2013 10:50

Minister Ali Abbasov: $ 2.5 billion was invested in Azerbaijans ICT sector over the past 10 years

Baku. Nijat Mustafayev APA-Economics. $ 2.5 billion was invested in Azerbaijans ICT sector over the past 10 years, ICT Minister Ali Abbasov said in an interview to the official website of New Azerbaijan Party, APA-Economics reports.

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.

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