Azerbaijan National Academy of Science

A memorandum of cooperation was signed between the ANAS High Technologies Park (HT Park) and the Azerbaijan Industrial Corporation OJSC. The purpose of signing the memorandum is to support the development of science through the expansion of innovative activities, the sale and purchase of innovative products manufactured in HT Park, and the strengthening of bilateral relations between organizations.

According to the memorandum, it is envisaged to implement measures aimed at implementing joint innovative projects, assessing their economic efficiency and financing, commercializing and stimulating innovative scientific achievements. In addition, the document reflected such issues as the regular organization of joint initiatives aimed at the scientific education of young people, the creation of conditions for the integration of scientific achievements into modern technological projects, and the provision of support to young personnel to implement their scientific and innovative ideas.

The memorandum of cooperation also reflects issues related to the development of new science-intensive products to expand innovative activities in the republic, increasing activity and promoting this area, attracting local and foreign investments, exchanging experience with international scientific and business centers in the implementation of projects, etc.

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