Minister of Industry and Technology Mustafa Varank, signed an important partnership for both countries during his visit to Azerbaijan. Minister Varank and Azerbaijan Minister of Digital Development and Transport, who met in Azerbaijan Resat Nebiyevbetween Turkey and Azerbaijan on the establishment of a joint technopark signed a Memorandum of Understanding.
Varank, who visited Baku to participate in TEKNOFEST Azerbaijan, spoke at his meeting about the importance of zones for technological development and spoke like Turkey. 92 techno parks and more than 1600 With its R&D and design center stated that they have considerable knowledge and experience. He said nearly 8,000 companies operate in the techno parks.

Varank stated in his statement at the meeting that the success of exporting more than $7 billion from Turkey’s techno parks has been demonstrated so far. In this regard, the teams will set up a Technology Development Zone in Baku. have been working for a long time explained. He also said studies are underway on the determination of the stakeholders of the technopark to be established, the establishment of the management company, the determination of the location, the establishment of the incubation center and the determination of the university.
“I hope with the memorandum of understanding that we will sign today. as soon as possible We also hope that the technopark will be operational.” Mustafa Varank, who concluded his words with saying, then with Reşat Nabiyev “Technopark Memorandum of UnderstandingHe signed up.