BAKU, Azerbaijan, February 18. The strategy for
the development of the digital economy in Azerbaijan for 2026-2029
includes more than 50 initiatives, Fariz Jafarov, Executive
Director of the Center for Analysis and Coordination of the Fourth
Industrial Revolution (C4IR) under the Ministry of Economy, said at
a press conference on the results of C4IR's activity for 2025,
Trend reports.
According to him, this document consists of nine priority areas
under three main goals, including 26 initiatives in the business
sector, 15 initiatives covering society, and nine initiatives
covering the state.
"As C4IR, our goal is to accelerate digital transformation in
Azerbaijan and support the development of a sustainable economy in
this direction. With the digitalization of the economy, we are
trying to adapt the labor market to technological requirements in
this process.
In the next few years, we'll have eight main initiatives within
the framework of the strategy for the development of the digital
economy in Azerbaijan for 2026-2029. One of them is the Digital
Economy Development Support Program. We support the technological
and green development of private organizations, especially
industrial and manufacturing entities. In addition, a New
Generation Technologies Center will be established.
Our other plans include the creation and strengthening of new
businesses, the creation of a Digital Solutions and Services
Platform, a program for improving personnel for employment, an
Economic Data Analytics Platform, the Digital Twin Initiative, and
the development of an artificial intelligence model based on the
Azerbaijani language," he noted.
Thus, after the implementation of these initiatives, the number
of enterprises participating in digital transformation programs
will reach 300 in 2029. As a result of this transformation, private
companies will add 58 million manat ($34 million) of added value to
the country's economy. Moreover, 250 new sectoral startups will be
created. The number of SMEs that have access to digital markets
will be increased to 200. At the same time, the share of highly
qualified ICT specialists in total employment will be 1.87%.
Ultimately, more than 70 million manat ($41 million) of added value
will be created in our economy through creative artificial
intelligence.
Will be updated