INNOVATIONS

The ability to work online will further increase the number of women in the innovation sector, Minister of Digital Development and Transport of Azerbaijan Rashad Nabiyev said during an event dedicated to the STEM [Science, Technology, Engineering and Math] festival, Trend reports.

“Women specialists will play a big role in the further development of not only the economy, but also various other sectors of activity," he noted.

Iran's Research Institute of Petroleum Industry (RIPI) is the only Iranian company, which has been listed among 25 leading firms active in oil and gas nanotechnology inventions.

A Chinese company plans to build an innovative technology park on 25 hectares in the Fergana region and a solar photovoltaic plant on 500 hectares with an investment of $350 million.

The electricity generated at the station will be used to supply foreign enterprises located in the technopark.

The Technopark aims to produce products based on modern innovative technologies, including software and information technology.

Chairman of the State Agency for Public Service and Social Innovation (ASAN Service) under the President of Azerbaijan Ulvi Mehdiyev met with the regional director of 500 Startups Arianna Dilts, the Innovation Center told Trend.

The parties discussed the measures taken by the ASAN Service towards the creation of an infrastructure and innovation ecosystem in Azerbaijan.

Besides, issues related to the phased implementation of the Azerbaijan 500 ASAN Startup Program were discussed.

ICGB was granted the first major instalment from the approved financing under the Operational Program Innovation and Competitiveness (OPIC). EUR 28 499 999 were transferred to the project company for the implementation of the interconnector Greece-Bulgaria following a through compliance check of the tender procedure related to the line pipe production and delivery and subsequent review of the documentation related to the execution of the contract.

President of Uzbekistan Shavkat Mirziyoyev held a meeting on discussion of the prospects for developing bilateral investment, trade and economic cooperation with Russia and Azerbaijan on March 9, Trend reports referring to the press service of Uzbekistan’s president.