BAKU, Azerbaijan, December 18. The private
sector accounted for more than 70 percent of Azerbaijan's
industrial production from January through November of this year,
First Deputy Minister of Economy Elnur Aliyev said at the Dayaq
award ceremony in Baku, Trend reports.
"Inclusive entrepreneurship is developing in the country,
creating conditions for women's business initiatives. As a result,
the number of women entrepreneurs has grown in the first nine
months of this year, approaching 339,000," he explained.
According to the official, Azerbaijan is developing positive
experience in supporting startups.
"Various incentives are being implemented for this purpose.
Incubators and acceleration centers supported by the state and
private sector operate, and startup certificates are issued, which
provide tax incentives. In recent years, one of the main priorities
of our state has been the restoration of liberated territories and
the speedy return of our internally displaced persons to their
native lands," Aliyev pointed out.
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