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Information mega-project discussed in Baku2011-03-03 16:59
Co-investors are discussing the prospect of constructing a transnational Information Highway through the territory of 20 states, - Business Georgia reports.gt-en-newsitem-inside
Deputy Minister of Communication and Information Technologies of Azerbaijan Elmir Velizadze told at the summit of Azerbaijani investors on Thursday that the first stage of negotiations has been completed.
The largest telecom operators from six countries including Azerbaijan, Russia, Georgia, Turkey, Kazakhstan and China stated their readiness to take part in the project.
The point at issue is the laying of a fiber-optic cable from China to Europe. The first stage implies the laying of a cable highway from Eastern Europe to China. Part of the route will run along the bottom of the Caspian Sea.
UN expressed support of the project that is aimed at reducing poverty level and increasing economic growth and will act as an engine in the regional development.