Economic Value Added that smart city and village models will originate will be 2.5 trillion dollars: Azerbaijani Minister

Economic Value Added that smart city and village models will originate will be 2.5 trillion dollars: Azerbaijani Minister
# 21 November 2022 12:29 (UTC +04:00)

In the next 5 years, Economic Value Added (EVA) in the world that smart city and village models will originate will be 2.5 trillion dollars, Azerbaijan’s Digital Development and Transport Minister Rashad Nabiyev said at the international conference on the theme of “Smart villages: Innovative approach to the development of village areas”, APA –Economics reports.

“The global companies, operators, and integrators that are dealing with smart city and villages projects applied to us with the best solution claims. Regretfully, most of the suggested solutions didn’t take into consideration the existing infrastructural and social aspects of life related to the socio-economic development model of Azerbaijan,” said the minister.

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