Digital Silk Way Project To Link Central Asia & Europe
The Digital Silk Way project, which Azerbaijan is implementing in partnership with colleagues from Kazakhstan and Turkmenistan, will speed up data transfer between the countries of Central Asia and Europe, Chairman of the Board of AzerTelekom Fuad Allahverdiyev said during the GSMA M360 Eurasia 2023 international conference in Azerbaijan’s capital Baku.
“The implementation of this project will allow us to turn Azerbaijan into a digital hub. Our country will also transport international traffic along with the export of renewable energy,” he added.
According to Allahverdiyev, Azerbaijan is a hub for the transportation of goods from East to West. “I want to stress that our country has a huge potential in the field of renewable energy, which it can export to Europe in the future. In this regard, a corresponding memorandum has already been signed between Azerbaijan, Georgia, Hungary and Romania,” he said.
The purpose of the Digital Silk Way project is primarily aimed to create and establish a new connectivity route between Asia and Europe by building fiber optical infrastructure, increasing regional connectivity potential and penetration, contributing to the economy growth and supporting efforts to build a sound digital ecosystem in Azerbaijan and region. is to ensure the passage of international Internet routes through Azerbaijan, the development of information technologies and the digital ecosystem in Azerbaijan and the region. As such it is not only part of Azerbaijan’s national development plan but will have significant impact on the new developing transport corridors between Europe and Central Asia, including the Middle Corridor and the INSTC.