Azerbaijan turning into Eurasian digital hub, Russia’s Gazprombank says

BAKU, Azerbaijan, May 24. Azerbaijan is turning
into a Eurasian digital hub, Gulnara Khaidarshina. Deputy Head of
Research Chief CIS Macroeconomist at Gazprombank, told Trend.

“AzerTelecom, the national Internet provider, is implementing a
large-scale “Azerbaijan Digital Hub” program. The program also aims
to transform Azerbaijan from an importer of digital services into
the largest exporter in the region, comprising a quarter of the
world’s population (Middle East, Central, South and Southeast
Asia). This program is being implemented in partnership with the
even larger Digital Silk Way project, which Azerbaijan is
implementing jointly with Kazakhstan and Turkmenistan. The
implementation of the Digital Silk Way project will accelerate the
transfer of data between the countries of Central Asia, China and
Europe,” she said.

Khaidarshina stressed that Azerbaijan pays great attention to
the development of the IT sector with the assistance of state

“With the support of the government, three directions for the
development of the IT sector are being implemented – the creation
of financial technologies, ensuring cybersecurity (the Association
of Cybersecurity Organizations of Azerbaijan was established in
2022) and the development of IT outsourcing based on Azerbaijan
with the involvement of foreign programmers and other industry
employees. It is assumed that Azerbaijan will turn into a regional
hub for outsourcing IT services, which will also help strengthen
its role in the Eurasian space,” she added.

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